Wally: Okay. Ready, Hoagie? One...
Hoagie: Two...
Both: Three!
[Wally blows a scissors bubble and Hoagie blows a paper bubble.]
Wally: Scissors beats paper, Hoagie! [they both laugh] One...
Both: Two...
Wally: Three! [both blow paper bubbles] Hoagie, how come you always do paper? [the falling pencil pops the two paper bubbles and lands in the sand between Wally and Hoagie, and the two scream and run around. They both hide behind the pineapple away from the pencil.]
Hoagie: What is that thing, Wally?
Wally: It looks like a giant pencil.
Hoagie: Go touch it.
[Wally extends his arm and touches the pencil.]
Wally: It is a giant pencil, Hoagie! [grabs the pencil] Let's draw some giant pictures with it.
Hoagie: Whatcha drawin'?
Wally: Stand back, Hoagie! I can't draw with you breathing down my neck!
Hoagie: Psh, artists.
Wally: It's a jellyfish.
Hoagie: Pretty good, Wally! But it's lacking basic construction, and your perspective leaves a lot to be desired.
Wally: Eh, everybody's a critic.
[The drawing comes to life and swims away buzzing.]
Hoagie: Wally, your drawing's coming to life!
Wally: Now that's more like it, Mr. Critic!
Hoagie: No, I mean it's swimming away!
Wally: Do you know what this means, Hoagie?
Hoagie: Your art can never hang in a museum.
Wally: It means we found a magic pencil!
Hoagie: Now all I need is a magic mustache and all my dreams will have come true.
Wally: [laughs] Coming right up! [draws a mustache on Hoagie's face]
Hoagie: Life is good! [the mustache floats away; shrugs] Easy come, easy go. [the mustache heads for Nigel's house]
Nigel: [looking at himself in the mirror] Nigel, if you had some hair, you'd be the most gorgeous creature in the sea! You've got looks... talent... all you need is a full head of... [the mustache comes in through the window and rests on his head as hair] hair!
Hoagie: My turn!
Wally: Be careful, Hoagie! Being an artist is a heavy responsibility. Each work of art is like a child and must be treated as such.
Hoagie: Come on! I was just gonna draw a cartoon.
Wally: Okay! Why didn't you say so? [hands Hoagie the pencil]
[Hoagie draws a crudely-drawn picture of Nigel with a small stature of a jellyfish and a waving fist.]
Wally: Hey! Another jellyfish!
Hoagie: It's Nigel, silly!
[The badly drawn Jellyfish Nigel comes to life and grumbles at them.]
Wally: It's kind of creepy looking when it moves.
Hoagie: Eww. You're right, Wally. [the badly drawn Nigel starts walking away.]
Wally: We can't let him go into town! [Hoagie erases it as Jellyfish Nigel screams]
Hoagie: Poor Nigel.
Wally: [dings!] Hey! My brain just hatched an idea. [draws a dollar on Nigel's green mat, attached to a string while laughing] This is gonna be classic!
Nigel: [dressed up] I think I fancy a stroll around the park.
Wally: [doorbell rings] Oh, Nigel!
Nigel: [opens door] What do you want? Hello, what's this? Someone left me some money for a perm. [Wally and Hoagie snicker] Come to Hairy! [Wally pulls the string, Nigel falls over, and the mustache falls off his head] Ow! Wally! Oh, my hair! [it floats away] Wally!
[Nigel goes back inside and slams the door, Hoagie and Wally laugh while hopping up and down and suddenly stop]
Wally: Wait! I've got another idea! This'll be the ultimate prank. I'll draw me, and when Nigel answers the door... it won't be me! [draws a doodle of himself, Hoagie laughs. The drawing stands up] Aww, look at him. Ain't he a doll? All he needs is a tie. [draws it] Ready for action!
[The Wally doodle shouts nonsense and he runs over to Nigel's house. Wally and Hoagie laugh]
Hoagie: He's going to the door.
[DoodleWally knocks on the door.]
Wally: He's knocking on the door. [Nigel comes out.] And Nigel's answering the door and...
[DoodleWally picks up Nigel, holding him upside-down and repeatedly pounds his head on the ground. Hoagie is amused as Wally is horrified]
Nigel: Ooh! Ow! Ow! Ow! Ow! Ow! Ow! Ow!
Hoagie: He's beating up Nigel! Ha! Ha! Ha!
[Hoagie and Wally watch DoodleWally slam Nigel back and forth.]
Wally: DoodleBoy, stop! [DoodleWally throws Nigel back in his house.]
Nigel: Whoa! Ow. [DoodleWally steals the magic pencil and then runs away with it]
Hoagie: He's got the pencil.
Wally: What have I done? We've got to find him!
[Bubble transition to Wally and Hoagie in a field with tall bushes.]
Wally: Where could he possibly be?
Hoagie: Maybe he's in that poorly drawn pineapple.
Wally: Come on, let's go! [Hoagie shudders and hides in a bush]
Hoagie: I'm not going in there... [Wally joins Hoagie in the bush]
Wally: Come on, Hoagie. I'm right behind you. Baby steps. [They both stand up in the bush, with one of Hoagie's legs and one of Wally's legs visible. They proceed to the drawn pineapple] Almost there... [But DoodleWally draws a hole and they fall into it, screaming as they crash]
Hoagie: What just happened?
DoodleWally: [speaking nonsense] Neahoy, minayay? Neyoyoyminoy, ladyonmamoy! (Translating "You want that pencil? Then you better get up here!")
Wally: Come on, Hoagie. Give me a boost up!
Hoagie: Can't we just stay down here where it's safe?
Wally: No way. I created this monster and I've got to stop him. [a giant wrench drawn by DoodleWally falls on Hoagie's head]
DoodleWally: Neofineyin!
Wally: See what I mean, Hoagie?
Hoagie: [dazed] Where's the leak, ma'am? [Both try to climb up the hole, but they watch DoodleWally as he draws a bowling ball from a rock. He rolls it at Hoagie, whose head turns into a bowling pin in shock] Yaaaahhhh...! [the bowling ball hits Hoagie, transforming him into several pins. A "strike" symbol appears. The ball later rolls into the hole, hitting Hoagie again. Another "strike" symbol appears]
Wally: You okay, Hoagie?
Hoagie: [offscreen] Finland!
DoodleWally: Nyaaah! Nyaayaya! Mee hoy minoy! Meah froyay! (Translating "You'll never get me now!") [runs off in the distance, Bubble transition to a coral rock wall and a field]
Wally: [whispering] There he is.
Hoagie: He's hideous. He makes me sick, just looking at him. Those big bulgy eyes, that square body, those two buck teeth, and that stupid tie! [Wally looks down at his own clothes]
Wally: Ahem.
Hoagie: [blushes awkwardly] Oh! But it looks good on you, Wally! Heh-heh.
Wally: He's putting down the pencil! This is our chance. On the count of three, we'll jump out and surprise him!
Hoagie: Oh, boy, a surprise party! Is it his birthday?
[DoodleWally breaks through the coral rock wall that Wally and Hoagie are hiding behind.]
DoodleWally: [nonsense] Bawahh bwah bwah wahh! [grabs Wally]
Wally: Hoagie! Hoagie! Do something!
Hoagie: Happy birthday!
[DoodleWally throws Wally, who screams and lands with a thud in the distance.]
Hoagie: [gives DoodleWally a rock] Here's your present. [DoodleWally bashes it on his head] You're welcome.
DoodleWally: [nonsense] Dewaaagheaugaaagh! [runs for his life until Wally stops him whilst holding the pencil in his face]
Wally: Hold it right there, Doodle. I brought you into this world and now I'm gonna take you out. Any last words?
DoodleWally: [speaking nonsense fast] Bee ha, bala hala ba ba! (Translating "OK, I'll be outta here!")
Wally: I'm sorry, what was that?
DoodleWally: [slowing gibberish down] Bee ha, bala hala ba ba. [starts to shout more gibberish while Wally erases his face. DoodleWally mutters, then he hits a rock]
Wally: Hold still, Doodle. This is for your own good. [begins to erase DoodleWally to oblivion] Take that and this and this and that and this that this that... [screams in victory] I am Wally, destroyer of evil!
Hoagie: Take it easy. It's just a drawing.
Wally: [calmly] Well, that takes care of that, eh, Hoagie?
Hoagie: Done and done.
[When Wally and Hoagie go home, it is soon revealed that one of DoodleWally's arms have survived the erasing. It creeps out from under the rock. Cut to nighttime. Wally had just returned home. He draws on the spaces of his bedroom to make it look like a fancy bedroom, complete with a canopy for his bed.]
Wally: Gee, Gary, you should have been there! It sure was exciting, but you know, I kind of miss the little doodle. He was like a son to me. But I'm sure glad things are back to normal. Well, good night, sweet prince.
Gary: [with a crown on] Meow.
Wally: Good night, magic pencil. [falls asleep. DoodleWally's arm goes into Wally's house and heads upstairs and takes a bathroom break. Finally it sneaks up to Wally's bed, grabs the pencil, and starts to re-draw himself. Wally wakes up] Oh, hey, Magic Pencil. What are you doing up? Drawing yourself a glass of water? [laughs] [DoodleWally pops up at his bed; Wally screams in shock] DoodleWally! [chuckles nervously] No hard feelings, right? [DoodleWally draws two angry eyebrows on his face then jumps on Wally's bed holding the pencil threateningly which Wally screams in terror] What do you think you're doing, doodle?!
DoodleWally: You Doodle! Me Wally! [Wally screams and jumps out of the way as DoodleWally erases his pillow, then part of Wally's house whilst chasing him downstairs. DoodleWally erases a door and the back of Wally's pants, revealing his butt] Huh?! [erases his butt]
Wally: [screams] Be careful with that thing! Who knows what will happen? [DoodleWally erases his nose] I nose. [DoodleWally erases some parts of his face and body, DoodleWally laughs at the way he looks now] Very funny, Doodle. Now it's my turn. [When Wally and DoodleWally struggle, the pencil breaks into two. Wally has the lead and redraws himself back to normal] Well, Doodle, it looks like this is a draw. ("Well, Doodle, it seems to be a duel, don't you think?" in Latin Spanish) [DoodleWally sharpens the pencil with his mouth. He now has both sides] You've made your point. ("You managed to solve it" in Latin Spanish) No matter. I was voted most artistic in high school. [the lead piece flies out of his hand, crashes through the window and hits Nigel]
Nigel: [offscreen] Ouch! Wally, you're gonna pay for that!
Wally: Uh, maybe it was most clumsy. [DoodleWally starts to attack him again as Wally hides in a bookshelf, as DoodleWally approaches him, he gets his foot stuck in a piece of paper on the floor, DoodleWally sees this and tries to get it off.] Huh? [looks in a book] Paper! [DoodleWally tosses the pencil from his hand] Page for Mr. Doodle! [Traps DoodleWally in his notebook. Wally watches as DoodleWally is preserved as a drawing, which smiles. So the next day after the battle, Wally hangs the piece of paper with DoodleWally on the wall with a push-pin]
Hoagie: Hey, Wally, what's with all the ruckus?
Wally: Take a look for yourself, Hoagie.
Hoagie: [gasps] It's the evil Doodle!
Wally: No, no, not evil. He was just a two-dimensional creature. [puts his glasses and a pipe] Lost in our three-dimensional aquatic world. Longing for a purpose. [blows from a pipe]
Hoagie: So... he's a drawing?
Wally: Exactly! See how happy he is?
Hoagie: [looks at a framed picture of Wally] He still looks kind of creepy.
[Cut to outside. Wally has just drawn a diving board. The pencil's broken halves have recently been taped together.]
Wally: Oh, great Magic Pencil, your powers are too mighty for us ocean dwellers. So I will send you back to the magic kingdom from where you came. Are you ready, Hoagie?
Hoagie: Ready! [Wally drops the pencil into Hoagie's mouth. Wally jumps from the diving board and onto Hoagie's chest, and the pencil is launched back to the surface. In the real world, the artist from earlier is curled up in a fetal position]