Hello i am back for five seconds to talk abt that welcome home update bc WHAT !!! i have .. so many thoughts and the current speculation isnt rlly doing it or the source material justice. im not gonna add any links here, u can find those urself, ill just be going thru my very unorganized thoughts. anyway!

so while i cant make any confident speculation as we're so early into the project, however i think the new update confirmed my suspicion that wally Is the one sending the restoration project these letters. specifically in the staff only page, where on one of the emails, there's smth in white highlighted marker that reads "-wally darling" like a signature of some sort. i could be wrong but idk who else would be doing this yk? esp in the damaged state the restored materials are in? its also indicated by one of the staff having a dream abt wally lookng at them as a phone rings. its also clear bc of the many eye and spiral imagery throughout the page.

another thing i found interesting was in the 1-14 pages, how near the end, the characters look to wally for input. i think its bc in the show ur supposed to follow wally around as he's technically a narrator/observer of some sort, indicated by one of the scripts in an earlier update, with wally speaking to the viewer. but i wonder why it cut off so abruptly?? idk

so far my "theory" is that smth happened in the neighborhood that caused wally to lose his friends hence in the guestbook he mentions he cant find them or has no memories of them, that or ppl's lack of memories of the show causes his world (or the show itself) to fall apart, which would make sense. idk if they died or anything but idk smth happened. i also saw someone say that what could be happening is that two worlds exist, one where welcome home was a real show that existed in the 70s, and one without. we're seeing the world without.

i don't think wally or home is evil, or that home is behind anything or that smth is happening in home OR that wally is stuck in home. i dont think that clown would make smth so cliche, and while cliches r fine since everyone has a diff spin on it, i feel like itd be narratively unsatisfying. its clear that wally is desperate, he wants to be seen, remembered in some way. maybe its why he's always facing the camera, symbolizing that desire? idk maybe im delving too deep LMFAO dont blame me i literally spent Hours looking for clues and refreshing twitter. its also clear that wally isnt evil bc i believe its him apologizing for the letters/materials looking so fucked up and taking a toll on ppl. maybe it isnt him but itd make sense

wally can also see us. through our fan art, through our support, he can see whats going on in the outside world hence how he's able to break the fourth wall and send the restoration project the envelopes (specifically eddie's envelopes). i say this bc of this line if u type "/a" on the website.

“I have more eyes than I did before. You know how to draw eyes. You draw mine many times. I know it is thanks to you, neighbor, that I can see. But it is still… I can’t… See."

now that he doesnt have access to the guestbook, he's desperate for diff ways to connect to us and the restoration project. he just wants to be remembered. i dont think him breaking the fourth wall is too out of the ordinary considering he appeared in an interview, signifying he must know of the outside world, that his world isnt real, he's played by a voice actor, and so on.