I canít say that I see the bigger picture with this little tale. Donít take your youth for granted? Donít be selfish? Donít eat pancakes? I will say that the fairy returning to its young state was a surprise. I would have thought it would have died, giving young Alex something to really think about.
That said, the absence of Alexís parents was interesting, and the fact that the house didnít seem too tidy at all. You also mentioned that Alex would anger his parents, as well as a few other things that Iíd have to look back at. So maybe this is just the first real lesson that Alex learns on his journey through life.