I remember being really afraid of this back in the day for some reason. Looking back it makes no sense why, but as a kid your imagination is just so fucking powerful.
Oh god this just gave me goosebumps. I watched this all the goddamned time when I was a little kid, and this is the first time I've seen it in probably 20 years.
In the uncut version, the little boy is actually DAVID BOWIE. It is presented as a memory recounted from the early childhood of David Fucking Bowie, in the character of "David Fucking Bowie".