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.
Moment of Awesome: The film's climax, where the power of choice is enough to destroy evil incarnate and tear the empire apart.
Narm/Narm Charm: Which side different parts of this movie fall on really depends on point of view. (Example: the Emperor of the Night's lines as he is overcome by the light of Pinocchio's heart could qualify as wonderfully karmic and awesome or...not.)
The scene of Pinocchio being turned back into a puppet by Puppetino. The real horror sets in during the panning shots showing all the other puppets in Puppetino's collection when you realize that Pinocchio is far from his first victim.
The scene where Pinocchio is forced to dance, crying and pleading, as he's slowly turned back into a puppet has been compared to a rape scene, and was in fact altered in the version that was broadcast on television.