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I guess part of my question was how to read something like that. Is this explained somewhere?

define generic type parameters
This is probably what I was wondering about. Off to practice my Google-fu, then:
Generic Types (The Java™ Tutorials > Learning the Java Language > Generics (Updated))...

I've been noticing these > and < markers in some code and in the Java API, but not been able to find any documentation on what exactly they are used for and how they work. If I only knew what they...