Ken Raabe has stuffed his updated version of a traditional English panto about the Beanstalk Boy with puns, visual jokes, and music-hall antics, including the classic panto dame (think Mrs. Doubtfire with a puss full of pastry). At its best this Piccolo Theatre production, directed by Loraine Masterton, is breathtaking, but a few scenes tread water when they should bubble along. Lisa M. Garmoe's set design and Brandon Lewis's lights show the company's "toy theater" to advantage, and Joshua D. Allard's costumes--especially his getup for the golden-egg-laying goose (a winsome Carly Mendez)--are criminally cute. A few nips and tucks could make this good show great. Through 12/17: Fri 8 PM, Sat 3 and 7 PM, Sun 3 PM, Evanston Arts Depot, 600 Main, Evanston, 847-424-0089, $15-$20.