This phrase comes from Hebrew, and its meaning is something extraordinarily good. If we need to go through a way in order to get somewhere, the end of this way would be the place we want to get to or a condition we desire to be in -- and this place or condition is of course valuable for us.
Hence, "the end of the way" is something REALLY good.
"I am telling you, this movie is the end of the way".
Cigarette: Northern slang for a cigarette, used oft by mashed up mancunian ravers becasue of the resemblance of a hot(electric)stove to the end of a lit cigarette. Originated circa 1991 in the early halcyon days of the rave culture; we speculate during a drug fuelled hallucination by said manc.
'fuck me noel, i am bolloxed, is that a ciggy in your mouth, or the stove from me 'nans kitchen'/
General use: 'Give us a stove you cunt'