Audio problem: When the Fairy Godmother sings "Holding Out for a Hero" she tells the pianist to 'put it in C minor,' yet the pianist immediately begins to play in G minor, and the rest of the song is sung in that key. (01:08:15)
Audio problem: When the elves are marching around, listen to the footstep sounds and watch their feet. A lot of times the noise and movements don't match. This is especially apparent when the five elves who have been taking wish calls go to the transporter.
Audio problem: When Timon and Pumbaa awake from their first dream home by the rocks, they look up to see the animals towering and singing "I just can't wait to be king", but their mouths don't match the words of the song. They are actually out of sync by a few seconds because in the first Lion King movie the chorus was already sung at this point.
Audio problem: About 3/4 the way through the movie, Kim Jong Il says 'stallion' correctly even though he can't say his "l"'s properly.