`Compact' is the word I'd use to describe Borderland. It doesn't offer anything revolutionary which will blow your mind, but, if you're a fan of the genre, you should find it satisfying.
It follows the (familiar) story of X good-looking young Americans, travelling to X and running into trouble in the form of X. Sometimes these packs of good-looking young Americans are girls, sometimes boys, other time a mixed group. Sometimes they travel to a remote town in America, sometimes a remote town in Europe. Once they get to where they're going, they run into trouble in the form of zombie/vampires/ghosts/rednecks/cannibals - choose your `nasty.' In this instance, three lads travel to Mexico and get mixed up with... well, you'll have to watch it to find out.
Like I say, the story is pretty generic. I've seen plenty of these sorts of movies (you can probably tell by my cynical tone), but this one is pretty reasonable. The protagonists aren't (completely) unlikeable, don't do (too many) stupid things and you can basically root for their plight.
If you like this sort of film, give it a go. Trust me, there are many worse than this (and I've sat through almost every last one of them).