The Erotic Adventures Of Pinocchio (1971)

This was a funny take on the Pinocchio fairy tale. In this case, Gipetta creates a Pinocchio who's intended not as a son, but as a lover, for the lonely wood carver. She takes him to bed, but is saddened that he is only a wooden figure. When she takes a walk, Pinocchio is animated by his Fairy Godmother (Dyanne Thorne, who has some funny lines and a malfunctioning magic wand). Warned by not to do the wrong thing, Pinocchio himself goes for a walk, and runs into a conniving pimp, Jo Jo (played by Eduardo Ranez, doing a good job at playing sleazy). From there, it's funny though a bit predictable.