Daniel Wallace wrote an article clearing up perennial confused renderings in the King James Version of the Bible. He concludes,
“[KJVOnlyists] have misread a transliteration as though it were a proper name, then assumed that the underlying Hebrew text meant Lucifer, embracing the false conclusion that calling the king ‘the morning star’ in Isa 14.12 and Christ the ‘morning star’ in 2 Peter 1.19 was to deny the divinity and goodness of Christ. This argument is thus linguistically wrong-headed and has no real basis. In short, Lucifer is not such a bad guy after all because Lucifer is not Satan.”
Read it all here.