We're currently reading this and she's loving it. I don't have much more to say right now, but Pinocchio's naughty behavior just gives her the giggles, but then he always gets into trouble for it.
Still not sure the overly didactic messaging of Pinocchio got through to my daughter. Don't be naughty. Listen to your parents. She's good at school, so there's no problem there, but seriously Collodi, give it a rest every now and then.