Timmy, tired of his parents rushing to work and coming home late and tired, thus never having any time for him, wishes his parents had superpowers, but they are too busy saving the world to even spend time with him. Timmy must now become the ultimate villain (a parody of Galactus) to get his parents to give up their superpowers (his wish made them powerful enough that not even magic would affect them, so they must willingly give up their powers).

Timmy becomes suspicious of a rich boy named Remy Buxaplenty when he can be better at anything than Timmy is, and can even be in the Crimson Chin Comic Book as well. He discovers that Remy has a Fairy Godparent. Wanda knows who it is, but when she refuses to Timmy, he wishes for her to tell him. Remy's fairy turns out to be Juandissimo Magnifico, Wanda's ex-boyfriend. Remy discovers Timmy's fairies, and to make sure that Timmy does not wish he had more money than him (although Da Rules say that you cannot wish for money), he challenges Timmy to a Magical Duel, where the loser loses his fairies and forgets he ever had them.