@neologist,
The way I read it, death is the last foe that Christ defeats, and we share in the victory by having eternal life with him.
I guess I'm just having trouble wrapping my head around how you simultaneously believe in eternal life, and also that death is not defeated.
1 Corinthians 15:55-57:
55 “Where, O death, is your victory?
Where, O death, is your sting?”[a]
56 The sting of death is sin, and the power of sin is the law. 57 But thanks be to God! He gives us the victory through our Lord Jesus Christ.