The document covers key features and improvements in Java 7, including enhancements from Project Coin, new I/O APIs (NIO.2), concurrency features, and performance updates specific to IBM implementations. It highlights the high-level goals of compatibility, productivity, performance, and universality, while also detailing garbage collection policies and serviceability improvements. Additionally, the document discusses IBM's unique updates for optimizing performance on their platforms such as z196 and Power7.