1) The document describes the process of creating a movie poster, including taking inspiration from other posters, adding typical poster elements like star ratings and actor names, and choosing a black and white aesthetic to convey an action-packed storyline.
2) Feedback on a draft poster indicates it successfully includes the necessary elements but could be improved with varied fonts and layout.
3) Further changes proposed for the final poster include reducing text or repositioning it, adjusting sizing or format. The poster creation process helped improve Photoshop skills.