Big Lipped Alligator Moment: The encounter with the Greedy: out of place, clashing with the mood of the movie that was so far in a "realistic" environment (not counting the living toys), and never mentioned again or bringing anything to the plot. Also the scenes with this thing and the joke kingdom being pitch black while everything else is detailed.
Crowning Moment of Awesome: In the sequence with the Greedy, we have Raggedy Ann smacking the Greedy with an oar right after he had just told her that he wants to eat her heart.
Raggedy Ann: (without a hint of fear in her voice) It seems to me, Mr. Greedy, that you've had quite enough already!
The ensuing chase scene plays almost like a video game boss battle.
"When the French doll Babette is snatched, Raggedy Ann and Andy give up thinking 'nice, kindly thoughts,' and take off in pursuit. Having gathered up a worn toy camel and other helpers, taken a side trip into 'Loonie Land,' and effected several rescues, the button-eyed band battle a pirate crew..."
One-Scene Wonder: The Greedy, again. Most people who saw the movie remember the Greedy most strongly, who is the prime reason this film is classified as Deranged Animation.
Bizarrely enough, the Greedy's song is actually kind of sad if you think about it. His life revolves around eating all the time and he has all of the most delicious and delectable meals to gorge on at his leisure... and he can't enjoy any of it because he doesn't have a "sweet heart", making him feel empty even as he devours and absorbs everything in sight. And it's implied that he doesn't even understand why he feels this way.