These are what we call the 'YMMV items.' Things that some people find in this work. We call them 'your mileage might vary' because not everyone sees these things in the same way. This starts discussions in the trope lists, a thing we don't want. Please use the discussion page if you'd like to discuss any of these items.
YMMV: Peter Pan
Mainly from the novel or play
Adaptation Displacement: It's often forgotten that it began life as a play, before being adapted into a novel (both by JM Barrie).
In everyone who goes to Neverland; in Peter himself so much it's scary.
The one thing he ever briefly has angst over is the fact that he had no parents, and he'll never have a family or know true love because he can't grow up, which is a bit of a Tear Jerker. In Hook he gives in to this and leaves Neverland.
Hell Is That Noise: For Hook, the sound of a ticking clock is generally cause for alarm, as it almost always means the Crocodile is nearby.
No Yay: Wendy/Hook. Good god, Wendy/Hook. "For a moment she was entranced by him." See the 2003 film version as well.
Special Effect Failure: There have been many accidents with the tethers during the stage adaptations.
Toy Ship: Peter and Wendy. Also Wendy and Hook, depending on the handling of the adaptation.
Unfortunate Implications: J.M. Barrie's depiction of the Native Americans is just awkward. For a start, "Piccaninny" isn't an actual tribe, but an old slur to describe black children. "Squaw," which isn't even a real Native American word, has a history of being used in a derogatory manner toward NA women in a manner similar to "cunt." And then there's that whole Honor Before Reason thing.
The Woobie: Say it with Wendy and me, everyone—"Poor Tootles!" Despite being the only Lost Boy who might accurately be called "nice", he's Born Unlucky and his self-esteem is virtually non-existant. Not to mention that he's always saying things like this:
"I did it...When ladies used to come to me in dreams, I said, 'Pretty mother, pretty mother.' But when at last she really came, I shot her."
Fair for Its Day: The movie's embarrassing portrayal of the Indian tribe was actually one of the more positive representations of Native Americans at the time.
Ho Yay: Hook and Smee. Smee seems to live for nothing more than serving Hook, which he does quite cheerfully. He's also quite the bumbler, and yet Hook hasn't killed him yet, despite shooting a man for singing distractingly or hurling one overboard for an irksome comment. He also calls exclusively for Smee with insane gusto any time he needs saving, and during the 'life of a pirate' song there's the affectionate little feather tickle Hook gives Smee, and Smee seems quite smitten by it.
Captain Hook qualifies too, he may be evil but he suffers more than he deserves and unlike most Disney Villains has an understandable reason to want to kill Peter
Unfortunate Implications: The racism in J.M. Barrie's book is awkward enough today, but Disney arguably takes it Up to Eleven. One of the most glaring examples are the juxtaposition of teepees and totem poles - these belonged to two completely different cultures, and are as awkward and unrealistic as the Eiffel Tower in Moscow. The song What Made the Red Man Red? also implies that the "red man" used to be white (Eurocentricism/Anglocentrism).
The Indians obviously aren't meant to represent any specific tribe or culture (in fact at the time the novel was written "Indian" was used to mean almost any low-tech native culture). The fact that so many stereotypes in the scene are played to negative and comical effect have quite enough Unfortunate Implications on their own.
Values Dissonance: Watching "What Made the Red Man Red?" today can be uncomfortable to say the least.
Sometimes the response to the Hook/Wendy dynamic, including from several professional reviewers. Word Of God says they didn't realize when they were shooting just how that was going to look on film.
Never mind that it's a pretty accurate portrayal of Wendy's attraction to Hook in the novel.
One reviewer didn't have a problem with that as much as with his perception of Hook's attraction to her.
The Foe Yay between Hook and Peter can fall into this category, too.