The other side of the argument, that of free will, contradicts the idea that God is all powerful. If God is all-powerful, why would he allow us the free will that will eventually lead us to Hell and eternal suffering? Not to mention that an omniscient God would know the outcomes of every life, and would not save us. Even as a young child I found these conclusions to undermine all of what I was being taught.
After considering both sides of the argument, it appears that the very existence of an eternal Hell is contradictory to the existence of a loving God. The basic conclusion on either side is why would God, who loves us, choose to allow us to suffer? Is it to pay for our sins? A set of morals, relative to what is deemed important by him, yet preached and distorted through the Church? I think that if there really is a god, he would be a lot grander than the box Christianity puts him in, and I believe his ideas of what makes human life dignified and virtuous would center around more than his place as the most important thing in your life.