Children should love the film and adults will be dismayed by the light brushstrokes with which Paul Reubens (one of three credited screenwriters, but star-billed under his stage name, Pee-wee Herman) suggests touches of Buster Keaton and Eddie Cantor.
Pee-wee wakes up in a children’s bedroom full of incredible toys, slides down a fire station-like brass pole, materializing in his trademark tight suit with white shoes and red bow-tie, proceeds to make a breakfast a la Rube Goldberg, and winds up in a front yard that looks like a children’s farm.
It’s a delicious bit, with Reubens making noises like a child, walking something like Chaplin, and remarkably drawing for adult viewers the joys and frustrations of being a kid. Rest of narrative deals with Pee-wee’s unstoppable pursuit of his prized lost bicycle, a rambling kidvid-like spoof.