The below description is taken from LEGO.com.
Tra-la-la, tro-lo-lo, tree-lee-lee!
The fantastical Faun lives in the woods, where he plays his flute, makes up silly riddles, and dances all the day long (he also sings a little, but he isnít very good at it). Part goat and part Minifigure, he gets along with all of nature and wouldnít dream of living anywhere but his forest home.
Not many strangers come to visit the Faun and hear his music and riddles, so sometimes he wonders whether everybody else in the world is as content and carefree as he is. Do they know how much fun it is to whistle back to the birds, or help the squirrels gather acorns for the winter, or rest their tired hooves in a cool running stream full of frolicking fish on a hot summerís day? Sure, probably everybody lives like that!