In your first question, <? extends T> and <? super T> are examples of bounded wildcards. An unbounded wildcard looks like <?>, and basically means <? extends Object>. It loosely means the generic can be any type. A bounded wildcard (<? extends T> or <? super T>) places a restriction on the type by saying that it either has to extend a specific type (<? extends T> is known as an upper bound), or has to be an ancestor of a specific type (<? super T> is known as a lower bound).
The Java Tutorials have some pretty good explanations of generics in the articles Wildcards and More Fun with Wildcards.