The document discusses the essential features that a web framework should provide, including templating, dynamic content handling, user input management, and interactivity. It highlights Lift's view-first approach, using pure XHTML or HTML5 templates, and the use of 'snippets' for content transformation. Additionally, it emphasizes the importance of server-side behavior, real-time interaction through techniques like Comet, and the integration of functional and reactive programming with a persistence layer and REST support.