The Enchanted Forest is a wondrous forest, filled with a large number of trees, and covered in dense shrubs. As one might expect though, the Enchanted Forest is not as it immediately appears.
The Enchanted Trees inside of this marvelous forest do not drop logs, and instead drop a variety of items, some are not so special, while others are incredibly profitable to collect. The trees themselves take a while to respawn after they've been harvested.
While woodcutting at the Enchanted Forest, your food will deplete more rapidly, and you will also occasionally be attacked by a fairy. The fairies -- which have wandered the Enchanted Forest for ages -- understandably, don't appreciate you swinging an axe at their homes, and they are not willing to go down without a fight.
The axe breaker attack breaks your axe leaving you with a few of the materials that went into making the axe. If an axe cannot be found the player will instead be hit by a rock for substantial damage.
The poison bark attack will, as the name suggest result in the player being poisoned with Poison III for one minute.
The shakedown attack will result in all of the items in the player's inventory being thrown onto the ground.
Note: These items are protected from being picked up by other players, though they can despawn.
During the rabid faries attack the player will lose half a heart every second until they leave the forest.
During the tooth fairy attack the player will lose their teeth (and as a result the ability to eat food) for two minutes, at which point the players teeth are magically restored -- I guess even angry tooth fairies can be merciful.