Question: How is it that Tootles still remembers everything about Neverland and Peter really being Peter Pan, but Peter completely forgets everything about it and his true identity?
Answer: Tootles suffers from dementia, dementia turns old people back into children. The final scene is Tootles dying and going back to Neverland. Yes, it makes that scene infinitely harder to watch without crying.
Tootles did not die as everyone saw him flying back to Neverland after Peter gave him back his marbles.
Tootles didn't die as Peter, Moira, Jack, Maggie, Wendy, and the housekeeper watched him fly out of the window after getting his marbles back. Even the people who were kissing on the bridge unknowingly began to fly after Tootles flew past them.
Corrected entry: As Peter walks away Hook raises his arm. As he does, the tip of the hidden sword is visible before it ejects.
Correction: How is this a mistake? He had a sword hidden up his sleeve, and it was briefly visible. If there had been a shot inside the sleeve without the sword, that would be a mistake.
The length of the sword would have prevented him from bending his arm without revealing it. It was not meant to be seen at all.
Question: After defeating Hook and flying back home, it shows Peter wearing his green garb. When he wakes up, why is he outside and wearing the clothes he wore the night he was taken to Neverland?
Answer: It's the magic of Neverland. Peter was dressed as a pirate when he remembered his happy thought and ascended in the tree-house but when he exited through the top, he was in his green garb. I guess the best explanation is that when he left Neverland, his green garb reverted to his original clothing he had on when his adventure began.
I always took it that when he remembered his happy thought, he became Peter Pan again and when the adventure was over, he went back to being Peter Banning.
Answer: It's not specifically explained, but it's implied this was subconsciously voluntary on Peter's part. After falling in love with Moira, Peter decided to leave Neverland forever to stay with her in the real world. As time passed, all memories of being Peter Pan were completely suppressed, probably so he would not be tempted to return. The memories had become so deeply buried that it took much encouragement from others for him to unlock them.
raywest ★