Continuity mistake: The microphone next to the tape recorder moves from one shot to the next. (00:26:05)
Continuity mistake: When Greg and Marcia are taping the fake message for Peter, Greg says, "Bang, he buckles down and brings home an A." But when Peter listens to the message a minute later (16:15), Greg's statement is now "Bang, he brings home an A." (00:14:50)
Audio problem: When Peter is hinting to Carol that he is still growing, the audio changes to being dubbed in from Peter separate from the actual scene after Peter stands up and mentions he wants cowboy boots. Then the audio is back to normal once Peter mentions "Brown" cowboy boots.
Factual error: About 1/3 through the show, Greg has to talk to Marcia and asks Peter to leave. On the way out Peter stops to start recording on the tape recorder. He only pushes the play button. He would have had to push the red record and play button to record their conversation.
Answer: The dangling bracelet was used for dramatic purposes - to keep the audience on edge.