I think the important thing is that we have to understand that our comprehension is far beneath God’s comprehension so we have to trust that His information on this matter is far more extensive than our’s therefore He is able to make the absolute best decision that we may not be able to comprehend.
There are several different views on God's ultimate punishment or final justice of the wicked.
#1. Universalism: (is the opposite wrong extreme in that God is so loving in the fact that He ignores fair justice so as to let the wicked be saved despite the sacrifice of that the saints made). Also, things like lost, and saved don't really mean anything in Universalism. All will be saved according to them. The urgency of preaching the gospel is null and void in this belief, as well. Why preach for others to be saved if all will be saved in the end?
#2. Eternal Conscious Torment: (is the other opposite wrong extreme in that God is so full of vengeance that His wrath against the wicked turns into ignoring fair justice to torturing the wicked for all eternity). This is a form of punishment that is overkill and it makes God out to be cold and heartless by the extreme cruelty of the kind of punishment given. Note: Many see the attack on God's good character with Calvinism, but they don't see it in Eternal Conscious Torment.
#3. Traditional Conditional Immortality:
(a) Lake of Fire
(Traditional Conditional Immortality):
This is the view that after the Judgement, the wicked are either annihilated (erased from existence), or they are eventually destroyed or eliminated (after they are punished for a certain set amount of time in the Lake of Fire). I believe this view of the Lake of Fire is biblical. So when I refer to “Conditional Immortality” in a positive way, or when I refer to “Conditional Immortality verses” in support of my view of God’s punishment of the wicked, I am referring only to the Lake of Fire teaching portion only. For I do not hold to the Conditional Immortality Proponent’s viewpoint on hell.
(b) Hell
(Traditional Conditional Immortality):
Traditional Conditional Immortality Proponents believe that hell is just a metaphor, and they believe in a teaching called “soul sleep” (i.e. that the wicked will not know anything and sleep or not be aware of anything until the Judgment). I do not find their view on soul sleep to be biblical. Traditional Conditional Immortality Proponents also believe the story of Lazarus and the Richman is just a fictional story used to teach a spiritual truth or lesson. However, I do not believe this view of hell is biblical.
#4. Dualistic Conditional Immortality:
(a) Lake of Fire:
(Dualistic Conditional Immortality):
This is the view that after the Judgement, the wicked are either annihilated (erased from existence), or they are eventually destroyed or eliminated (after they are punished for a certain set amount of time in the Lake of Fire). I believe this view of the Lake of Fire is biblical.
(b) Hell:
(Dualistic Conditional Immortality):
Dualistic Conditional Immortality Proponents believe hell is a very real and literal place. There are differing views among these types of believers on how hell is portrayed, but they all believe hell is literally real, and it is a place that no person would desire to be. It is a place of torments (Just as Scripture says). Some who hold to this view believe that hell is similar to that of the view portrayed in the Eternal Torment View. They believe it is a place where the wicked are being burned in flames (tortured), and they are screaming from the pain of the flames, etc.; Others (like myself) believe that the rich man was not tormented by an intense earthly flame (that would cause great pain), but he was tormented by the heat of the flame near him, or he was tormented by an otherworldly flame that did not cause him to scream uncontrollably (like an earthly flame would do).
