My take, very clearly presented
Mega Spoiler:
Tim was the evil castle ruler. He built his castle after searching for the princess all his life. He loved her because she reminded him of his beloved mother.
The beginning of the game takes place when Tim kidnaps the princess, only for her to be rescued. He spans the rest of the 6 worlds searching for her.
However, all this was a drama playing out in his head. His real princess was an old girlfriend that loved him. However, he ignored her and let her go, due to his obsession with the figurative princess of his dreams. The one who was rescued.
The entire world 1 is played in reverse all the way up to the point Tim jumps on the glowing platform. The knight rescues the princess, and Tim never finds her.
The entire written text story of the game could take place before the game ever starts, or after it's over, but not during. The text is not indicative of actual events during the game, nor is it a symbol of actions. It's a commentary on the mental state of Tim, not his physical actions(or in this case mental) within his own brain.
So, there ya go. Blow wins.
I don't need your console war.
It feeds the rich while it buries the poor.
You're power hungry, spinnin' stories, and bein' graphics whores.
I don't need your console war.
NO NO, NO NO NO.