I really like the idea of August being Pinocchio, I find that absolutely brilliant!
This episode is definitely going to require a second and third viewing, not sure how I feel about it yet. I try not to read spoilers about this show because it's so mysterious, but based on what I've read here (not links) it should lead to the finale! How bittersweet.
"I've never encountered such religiously, you know, loyal fans as Broadway musical theater fans. It's amazing."
--Allison Janney