Errors in Scripting

Your LateUpdate method isn't closed. The method is OnControllerColliderHit, not OnControllerHit. You have that if(dead) line floating there doing nothing. The last block of code does not belong to any scope.

Okay doky, you had a few } in the wrong place, and also - I think you were missing an else statement towards the end. But here it is - with no errors:

 var speed = 3.0;
 var rotateSpeed = 3.0;
 
 //Shooting
 var bullitPrefab:Transform;
 
 //Dying
 private var dead = false;
 
 //Getting Hit
 var tumbleSpeed = 800;
 var decreaseTime = 0.01;
 var decayTime = 0.01;
 static var gotHit = false;
 private var backup = [tumbleSpeed, decreaseTime, decayTime];
 
 function LateUpdate(){
     if(dead){
         if(gotHit){
             if(tumbleSpeed < 1){
                 //we're not hit anymore... reset and get back in the game!
                 tumbleSpeed = backup[0];
                 decreaseTime = backup[1];
                 decayTime = backup[2];
                 gotHit = false;
             }
             else{
                 //we're hit! Spin our character around
                 transform.Rotate(0,tumbleSpeed * Time.deltaTime,0, Space.World);
                 tumbleSpeed = tumbleSpeed-decreaseTime;
                 decreaseTime += decayTime;
             }
         }
     }
 }
 
 function OnControllerHit (hit : ControllerColliderHit){
         if(hit.gameObject.tag == "fallout"){
                 dead = true; //the error is on this line, please help!
                 //subtract life here
                 HealthControl.LIVES -= 1;
         }
 
         if(hit.gameObject.tag == "enemyProjectile"){
                 gotHit = true;
         }
 }
 
 function Update () { 
     var controller : CharacterController = GetComponent(CharacterController);
 
      // Rotate around y - axis
     transform.Rotate(0, Input.GetAxis ("Horizontal") * rotateSpeed, 0);
     var forward = transform.TransformDirection(Vector3.forward);
     var curSpeed = speed * Input.GetAxis ("Vertical");
     controller.SimpleMove(forward * curSpeed);
 
     if(Input.GetButtonDown("Jump")){
         var bullit = Instantiate(bullitPrefab,
         GameObject.Find("spawnPointGood").transform.position,Quaternion.identity);
         bullit.rigidbody.AddForce(transform.forward * 2000);
     }
     else{
         transform.position = Vector3(0,4,0);
         gameObject.Find("Main Camera").transform.position = Vector3(0,4,-10);
         dead = false;
     }
 }
 
 @script RequireComponent(CharacterController)

 var speed = 3.0;
 var rotateSpeed = 3.0;
 

 //Shooting
 var bullitPrefab:Transform;
 
 //Dying
 private var dead = false;
 
 //Getting Hit
 var tumbleSpeed = 800;
 var decreaseTime = 0.01;
 var decayTime = 0.01;
 
 static var gotHit = false;
 
 private var backup = [tumbleSpeed, decreaseTime, decayTime];
 
 function LateUpdate()
 {
         if(dead)
             if(gotHit)
             {
                     if(tumbleSpeed < 1)
                     {
                             //we're not hit anymore... reset and get back in the game!
                             tumbleSpeed = backup[0];
                             decreaseTime = backup[1];
                             decayTime = backup[2];
                             gotHit = false;
                     }
                     else
                     {
                             //we're hit! Spin our character around
                             transform.Rotate(0,tumbleSpeed * Time.deltaTime,0, Space.World);
                             tumbleSpeed = tumbleSpeed-decreaseTime;
                             decreaseTime += decayTime;
                     }
             }
 }
 
 function OnControllerHit (hit : ControllerColliderHit) //onTriggerEnter : collider 
 {
         if(hit.gameObject.tag == "fallout")
         {
                 dead = true; //the error is on this line, please help!
                 //subtract life here
                 HealthControl.LIVES -= 1;
                 // Is LIVES a static variable of HealthControl? If not, this will not compile
         }
 
         if(hit.gameObject.tag == "enemyProjectile")
         {
                 gotHit = true;
         }
 }
 
 
 function Update () 
 { 
         var controller : CharacterController = GetComponent(CharacterController);
 
         // Rotate around y - axis
         transform.Rotate(0, Input.GetAxis ("Horizontal") * rotateSpeed, 0);
         var forward = transform.TransformDirection(Vector3.forward);
         var curSpeed = speed * Input.GetAxis ("Vertical");
         controller.SimpleMove(forward * curSpeed);
 
         if(Input.GetButtonDown("Jump"))
         {
                 var bullit = Instantiate(bullitPrefab,
                             GameObject.Find("spawnPointGood").transform.position,
                             Quaternion.identity);
                 bullit.rigidbody.AddForce(transform.forward * 2000);
 
 // What was the purpose of these {}?
 /*                
 
         }
 {
         {
 */
 
 // I removed them, but I do not know what was the reason they were here for...
             transform.position = Vector3(0,4,0);
             gameObject.Find("Main Camera").transform.position = Vector3(0,4,-10);
             dead = false;
         }
 }
 
 @script RequireComponent(CharacterController)

It seems you've mixed parts of several scripts in one single code, but in the wrong places! It looks like a Frankenstein with a leg and one arm replaced by the Tornado Twins heads! There were several answers here, but nobody (me included) seems to know how to solve the puzzle.
Well, let's try to bring some order to the chaos: that lost if (dead) at the beginning seems to be part of the equally lost lines at the end - they seem to form a re-spawn code intended to bring the character back to life. Supposing it's true, the whole script is:

 //Moving Around
 var speed = 3.0;
 var rotateSpeed = 3.0;
 //Shooting
 var bullitPrefab:Transform;
 //Dying
 private var dead = false;
 //Getting Hit
 var tumbleSpeed = 800;
 var decreaseTime = 0.01;
 var decayTime = 0.01;
 static var gotHit = false;
 private var backup = [tumbleSpeed, decreaseTime, decayTime];
 
 function LateUpdate()
 {
     if(gotHit)
     {
         if(tumbleSpeed < 1)    
         {
                 //we're not hit anymore... reset and get back in the game!
                 tumbleSpeed = backup[0];
                 decreaseTime = backup[1];
                 decayTime = backup[2];
                 gotHit = false;
         }
         else {
                 //we're hit! Spin our character around
                 transform.Rotate(0,tumbleSpeed * Time.deltaTime,0, Space.World);
                 tumbleSpeed = tumbleSpeed-decreaseTime;
                 decreaseTime += decayTime;
         }
     }
 }
 
 function OnControllerColliderHit (hit : ControllerColliderHit) 
 {
         if (hit.gameObject.tag == "fallout"){
             dead = true; 
             //subtract life here
             HealthControl.LIVES -= 1;
         }
         if (hit.gameObject.tag == "enemyProjectile"){
             gotHit = true;
         }
 }
 
 function Update () {
 
         var controller : CharacterController = GetComponent(CharacterController);
 
         // Rotate around y - axis
         transform.Rotate(0, Input.GetAxis ("Horizontal") * rotateSpeed, 0);
         var forward = transform.TransformDirection(Vector3.forward);
         var curSpeed = speed * Input.GetAxis ("Vertical");
         controller.SimpleMove(forward * curSpeed * Time.deltaTime);
 
         if(Input.GetButtonDown("Jump")) 
         {
             var bullit = Instantiate(bullitPrefab,
                         GameObject.Find("spawnPointGood").transform.position,
                         Quaternion.identity);
             bullit.rigidbody.AddForce(transform.forward * 2000);
         }
         if (dead)
         {
             transform.position = Vector3(0,4,0);
             gameObject.Find("Main Camera").transform.position = Vector3(0,4,-10);
             dead = false;
         }
 }
 
 @script RequireComponent(CharacterController)

I really don't know if this script will do something - you will need other pieces, like a collider tagged fallout, another script called HealthControl.js with an int variable LIVES in there, a bullet prefab tagged enemyProjectile and God-knows-what more, but good luck anyway!