So, I'm about halfway through the second episode, and so far I am digging the hell out of this game.
The first trial with Mia was a lot more involved than I thought a tutorial chapter would be, and young Phoenix was quite hilarious. I've heard WONDERFUL things about the fifth episode, too, so there's that to look forward to playing.
I'm not sure. If it isn't part of the DVD case, it may just be something they put on it to keep the disc from being removed. You can probably safely cut off the yellow thing, but you may want to call Blockbuster and ask them what it is.