Timmy's life was so boring, that he wishes for it to be more like an action movie. When he wakes up, not only is his room and everything very high-tech, but he has five o'clock shadow. His mom and dad dress like spies, and act like them too.
Later that day, when Timmy is at school, Cosmo and Wanda get fairy-napped and it's up to Timmy to rescue them. Turns out that Jorgen took them to steal of their powers and become even more powerful. Timmy ends up defeating him with the help of Jorgen's cat who jumps to his face and scratches him.
Timmy then wishes for everything to be back to normal (when not?).