That's what I'm seeing. It's better if they break the ideas up, try to understand them from a lay perspective, and then build a graphic novel on that. This will likely get nowhere for general population.
I think you may be seeing this as something it's not.
This is not a group's attempt at making T&Cs readable or understandable. It's not an EFF thing.
This is one guy's answer a challenge he set himself: Terms and Conditions, the text itself, is antithetical to a comic script. So I will make it fit.
This, in my opinion, is more art than anything else. It's something where most of the residents of Silicon X (valley, beach, etc.) will see it as something that it is not. For that reason, I don't think Mozilla was the best place for this to be covered.
EDIT: I forgot to note, this isn't intended to be a graphic novel in the mass-market sense. It's a Drawn & Quarterly publication, whose comics are not what you'd normally expect.