Heres how this goes. Each person adds a piece of the puzzle, whatever they think the island or the others or the statue, etc. really is. In the end, with all of us combined, we will have a complete theory of LOST! Please try to follow other peoples theories and not post contradicting information. Ill start:
The Island is really a ship or vessel of some kind, capable of moving through space and time.
Now someone else add something that they think is correct. It could be about anything we've seen in LOST that is a mystery or hasnt been fully explained. NOTE: It doesnt have to be perfect. Lets just see what we can come up with!