@cszoltan Thanks! I was hoping to try a more comic book style 🙂
To answer your question on the bleed, the bleed is not the grey area. The grey area is there not only to frame the final comp a bit more, but also allow one to draw beyond the edge of the piece.
OzCover_BLEEDEXAMPLE.jpg
As for what to do with the bleed area, I'd say to include it in the final image, since that is what I've done with other jobs that require bleed.
Hope that helps!