Sméagol: Hero of the Third Age

[Raynor]

So here's an idea. When Gollum goes into the fire can we see that as a moment in which not only is M-E saved by the "grace" or Eru (or whomever) but so is Gollum?

The least that can be said is that Gollum won't sin anymore, which is also a manifestation of Eru's grace, holding one from perpetual error, which threaten's to lead to an even lower morality - I make this argument often in referrrence to the drowning of Numenor by Eru, as they resorted to killing, torturing, slaying each other, enslaving, etc. Ending such dramas is necessary; in the end, as Tolkien states in letter #212, a divine punishment is also a divine blessing.