It's not a drop shadow in the Photoshop® sense. Graf writers call it "3-D". I'd call it "the illusion of depth", but I'm a wanker.
I like this. Ain't mad at it at all.
This is one of the few posters that JaZ digs that I agree with (no offense, JaZ...). It's simple n' bold. I like the type choices. So what that there's four of 'em? It works! And I like red.