Board Thread:General Discussion/@comment-24663542-20140405132438/@comment-24674051-20140405145403

One thing that was mentioned is that the Wishing well is linked to Lake Nostos. And the property of Lake Nostos is that of restoration. Rumple used the well to Restore magic to the LWM, Emma and Snow used a portal that (magically) connected from the EF to the LWM, and that portal coincedentally (coincedence, I don't think so) connected from Nostos to the Wishing Well. Henry was going to destroy the source of Magic in the LWM, by using dynamite on the wishing well, and Peter Pan used the Wishing Well as the place to enact his version of the Curse.

So while it may not LOOK like the WoW from other realms, my thought is that is serves the same purpose in the LWM.