As someone casually interested in swordplay and fencing and that sort of thing... I can't help but think that a little guy with a short sword is woefully outclassed by a big guy with a long sword. Still, as far as storytelling goes, it establishes Peter Pan as the underdog, I know. I guess one should take into account that the little guy can fly as well.
Because he has his secret weapon.... Hook, can you hear that? <img src="http://www.themeparkphotos.us/cpg140/albums/uploads/030108/E/226e2682_51.jpg" /> Tick tock tick tock
The way poor Hook is holding on to that post, I can only assume rum before the showdown was his downfall. ;D
