"Perils of Punky" was meant to be the final episodeGiven the very dark tone of the episode. It is possible the original version ended with Punky Brewster dying.
Punky's mom and dad were jailed soon after for abandoning her.Chicago may be a big city, but anyone who'd abandon a child should be and will be apprehended.
Punky liked Allen more than she'd been letting on.Why else would she cry when Allen departed in season 3 ("Divorce, Anderson Style")?
A TV reunion movie was planned in c. 1998 with a now-adult Punky getting married.Wouldn't she have made a beautiful bride? And we also see the adult Cherie (Cherie Johnson, fresh off her role as Maxine on Family Matters) and Margaux (Ami Foster) and a proud George Warnimont, now 80 years old, walking his adopted daughter down the aisle.