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.