Moth3r said:

There were six alternate scenes shot for the broadcast TV version, with watered-down language "wally wick" instead of "dickless", etc.

I used to have a VHS recording of the TV version but I think I ended up recording over it with the "proper" version a few years later.

I remember watching a different version from both you mention here, even gentler in nature. Ray calls that annoying fellow a "little weasel" or something like that, then when asked, "Is this true?" Peter responds by saying, "Yes it's true, he's a rodent of some kind, I'm not sure which." I only saw this once many years ago, and I didn't expect the change. I just know it's out there somewhere.