Fairy tales and Disney cartoons have generated their share of porn parodies. Back in 1987, Moonlight made Pornocchio starring Brittany Morgan.
The not very surprising porny plot twist: “It’s not his nose that grows!”
Also starring Bionca (aka Bionca Seven), Jessica Wylde, Sheena Horne and Rick Savage.
IAFD lists a long-lost 1976 release entitled The Erotic Adventures of Pinocchio starring Leslie Bovee.