Well, let's put the blame where it should go: many Bible translations translate three different words as hell, one of those being sheol. And you just further confused the matter by stating that Jesus descended into Paradise, or sheol, but that the "ungodly, on the other side of that Great Gulf are still there, in Hell!" Yet, reading the parable one can see that where the ungodly are is still sheol.First point: It is a common mistake to state that Jesus descended into Hell but repeating an error made in one or more of the Creeds does not make it true. Jesus, descended into the Grave (sometimes known as Hell) in His body but He 9in His Spirit) descended into Paradise, a.k.a. Abraham´s bosom, and emptied Paradise of the Saints. (The ungodly, on the other side of that Great Gulf are still there, in Hell!) If you will read the Matthew 27 passage carefully you will see that you have, completely, misstated your assertion.
So, if we are to take the parable as telling a truth about the state of the dead in sheol, then we must understand that sheol has two places, one of them Paradise, and separated by the "Great Gulf."
I believe that the true "hell," gehenna, that Jesus so often and so strongly warned about is actually the Lake of Fire of Revelation.
It is imperative in any discussion on hell to know the meanings of each of the three words translated as "hell," and which one is being used in a given text. This unravels most of Truth over Traditions post, btw.