The Word of Faith movement is a relatively new heresy, the offspring of people such as: Hagin, Kenyon, Copeland, Hinn, Crouch, Capps, Savelle, Hagin, Avanzini, Price and assorted others. Some of the most agregious teachings of these people are as follows:
From: The Kingdom of the Cults, revised by Hank Hanegraff.
1) God is a being who stands approximately six feet tall, weighs some two hundred pounds, and looks exactly like a man.
2) Faith is the literal substance that God used to create the universe, and He transported that faith with His words. Here, essentially, is what God did. God filled His words with faith. He used His words as containers to hold His faith and contain that spiritual force and transport it out there into the vast darkness by saying, ‘light, be’! That's the way God transported His faith causing creation and transformation. The way that He created the world was that, first of all, he conceived something on the inside of Him. He conceived, He had an image, He had a picture.
3) All things, including God, are subject to this ‘force of faith’ beause it works according to spiritual ‘laws’ of the universe.
4) The greatest thing God conceived of and created was an exact duplicate of himself. This duplicate god--named Adam-was God manifested in the flesh.
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10) Although Jesus declared that he walked with God and that God was in Him, he never actually claimed to be God.
11) In order to redeem humanity, Jesus had to die spiritually as well as physically. When He died spiritually, he died in the same way that Adam died. In other words, He lost His divine nature and was given the nature of Satan. Jesus’ death on the cross and His shed blood did not atone for our sins. The atonement took place in hell through the devil's torturing of Jesus’ spirit for three days and three nights. Unfortunately for Satan, Jesus was taken to hell ‘illegally’ because He had never sinned. This ‘technicality’ enabled God to use His ‘force of faith’ to revive Jesus’ spirit, restore Jesus’ divine nature, and resurrect Jesus’ body. Through the resurrection process Jesus was ‘born again’.
12) When a person is born again they experience exactly what happened to Jesus. Their satanic nature is replaced by God’s divine nature. The transformation is so identical to Jesus’ transformation that Christians become little gods (small “g”) and are as much an incarnation of God as was Jesus.
http://www.baptistboard.com/showthread.php?t=80319&highlight=heresy&page=3