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'It' is a Psammead (voiced by Eddie Izzard), an ancient, ugly and irritable sand fairy the children find one day in a gravel pit. It grants them a wish a day, lasting until sunset. But they soon learn it is very hard to think of really sensible wishes, and each one gets them into unexpected difficulties. Magic, the children find, can be as awkward as it is enticing.
Not sure about this one, would prefer the 1991 series (available on VHS), but this is here anyway from Critical Bill at fileheaven
Like this post to see ed2k links [700.49 Mb]
http://www.imdb.com/title/tt0366450/