I like! Best emoticon fairy tale ever!
And now, the sequel.
Now, it so happened that the hero

and the abnormally wide eyed princess

had a baby, and because of all the gold-smelting fumes his mother had been inadverantly inhaling

and absorbing through her eye sockets

the child was born with a bizarre birth defect where her skin changed color from yellow to pink

at the rate of roughly sixty times a minute. Her mother

was appalled

. Her father

was only slightly less jovial

.
This pink flashing baby did not go over well in the Kingdom of Brightyellowness

. Princess Junior

was made fun of

by all the other kids

, which made her sad

. Alas, one summer weekend when her parents

were away on vacation 8) , the townspeople

kidnapped PJ

and exiled her into the Forest of Endless Repeating Scenery, never to return.
PJ

sat in the forest weeping

and looking to heaven

for help. But it just so happened that her pink flashing

, which had become irregular

, spelled out the hidden morse code incantation to release the Demon

again, in a more powerful form. The Demon

was grateful, and more than happy

to comply with PJ's

sobbing request to smite the entire town with an unholy firestorm.
When her parents

got home, they were understandably annoyed.
"I'm not
mad 
" said Hero

, "I'm
disappointed 
". Then he brought in a Wizard

, who cast a powerful magic spell. PJ

became that little person on the flashing "WALK/DON'T WALK" traffic light, and the Demon

became the red hand that tells you not to walk. Both are trapped there, and can only be awakened and restored to their normal forms by Love's First Kiss.
finito