Wow, this was a surprise
As I said before, Wow. This film is actually extremely well written. It just seemed to slip by mostly unnoticed as most 90's horror films were. But I actually quite enjoyed this film.
I think it suffers big time for its title and cover art. They both create the image that this is going to be Child's Play with Pinochio but it is actually a psychological roller coaster ride. Also, some parts were actually quite creepy.
The cover art and title really do a great disservice to this film. In an interview, writer/director Kevin Tenney said he titled it the "Pinochio Syndrome" but the producer wanted to change it to "Pinochio's Revenge". Go figure. Whenever there's someone on the pure business side of film making trying to make creative decisions it always ends up bad.