Plot: Daffy Duck and Speedy Gonzales find a treasure map that leads them to a wishing well, which for a penny will grant any wish (through old cartoon footage). Daffy sets up a resort around the well and various Looney Tunes characters have their dreams come true. Meanwhile, Yosemite Sam and the Tasmanian Devil hunt for the varmints who stole their treasure map!
Alternative Plot: In a gentle parody of "Fantasy Island," Daffy Duck and Speedy Gonzales find themselves on an island searching for treasure. Following a map, they discover a magic well that grants wishes. Their wishes are the gateway to several classic Warner Bros. cartoons featuring some of the most beloved of the Looney Tunes characters, including Bugs Bunny, Foghorn Leghorn and Sylvester and Tweety. Meanwhile, Yosemite Sam and Taz are also looking for the map they believe to be rightfully theirs.
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