Idea 4 Little Red Riding Hood

For this idea the will look in depth at the story and variations of Little Red Riding Hood and more inportantly concentrate on the transformation of the grandmother to the wolf and back again. Maybe there is somthing more sinicle then the wolf eating, or locking away the grandmother until the rescue of the axeman. Are the characters of the grandmother and the wolf one, from another myth, the myth of lyconthropy or werewolfs.