So, I actually watched Pinocchio for the first time in forever (probably the 1984 re-release) just the other day (got the sweet Signature Edition for Christmas) and I was reminded of this thread. I definitely don't remember the Pleasure Island scenes being so...wild! According to the special features, it was Walt who pushed for this. It was originally just going to be a land of candy and junk food, but Walt wanted it to be edgier, and show what boys will do without restraint. They're animals, ha ha! Certainly the (rather dark) consequences are shown and none of it is deemed to be portrayed positively. Still though, it struck me how Pleasure Island was laid out like a theme park, with various areas dedicated to a different debauchery. It's amazing that WDW had an area named after it for a time, but at least nobody was throwing bricks through windows just for fun!