Well to summarize it, I believe that people are judged, justice is served by God. People reap what they sow and punishment is given out on the Day of the Lord. Then once that is done, God destroys the ungodly, Satan, the earth and the heavens and makes all things new. All throughout the Bible it says what the fate of the wicked is and the wages of sin. In comparison, there are just couple of verses which people take to create the doctrine of eternal torment and the place they go wrong is in the understanding of the greek word aion. I go into it way more in depth in a couple of
threads:
http://christianchat.com/bible-discussion-forum/107566-we-all-horrified-5.html
And Jason0047 has some awesome stuff on the topic as well, you will have to read all the way up to page 15 to see it all
http://christianchat.com/bible-discussion-forum/104767-what-your-view-hell-lake-fire-loving.html
Here it even tells of Satans end
Ezekiel 28
16 So I drove you in disgrace from the mount of God,
and I expelled you, guardian cherub,
from among the fiery stones.
17 Your heart became proud
on account of your beauty,
and you corrupted your wisdom
because of your splendor.
So I threw you to the earth;
I made a spectacle of you before kings.
18 By your many sins and dishonest trade
you have desecrated your sanctuaries.
So I made a fire come out from you,
and it consumed you,
and I reduced you to ashes on the ground
in the sight of all who were watching.
19 All the nations who knew you
are appalled at you;
you have come to a horrible end
and will be no more.’”