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In the alchemy of children's fiction, there is no more potent formula than magic and growing up. Witness Harry Potter's dual struggle with mundane hormones and unearthly incantations. A century ago, it was Peter Pan's flat declaration that "Every time a child says, 'I don't believe in fairies,' there is a fairy somewhere that falls down dead," that held childlike imaginations spellbound. As for growing up, Peter famously had neither the time nor the inclination. But whether he likes it or not, Peter is about to enter the 21st century, with the publication of Peter Pan in
Scarlet
, the official sequel...