Here's a youtube vid of the boss in question.
http://www.youtube.com/watch?v=HEeoblY7jOw#t=1m3s
for comparison, here's an image from the gallery of the red Japanese version of the toy, makes you wonder if they didn't choose red for that version just to match the boss...

I remembered the boss being Transformer like, but I hadn't played the game in over a decade, so when I finally dusted it off an popped it in, I just thought it was weird how much he looked like the toy that came out years later. I expected him to look more like g1 Starscream, or maybe Jetfire. I don't seriously mean to accuse Has/Tak of ripping it off, just made me go "hmmmm".
Pixar also "ripped off" the setting of the game (secret lives of toys when people aren't around) for Toy Story as did Square Enix for Kingdon Hearts - the protagonist's weapon is a key used like a sword.
