[Graystripe2000]

I found this unused render of Klonoa from the Wiimake on Google Images. Given that almost all the cel-shaded renders are of an animation he does in the game (running, jumping, etc.), there are a couple of things I think this render would have been for:
A. A test animation
B. There was going to be a point where Klonoa was going to be pointing at something (least likely since I don't recall any scene in either version where he would have to be pointing at something)

[Randomizer]

Maybe its supposed to be used when he's about to face Ghadius at the top of the Moon Kingdom.

He'd point at him and say, "Die monster, you don't belong in this world" or something like that.

[Voka~Daemyn]

I wish they actually used cell shading among many other things I wished was done for the wiimake.

[Enchlore]

My first thought is that he could have pointed at the reverse waterfall in Jugpot.