After a few days of engagement on the issue of being saved by grace/works, I have concluded that the Mormons and evangelicals have simply been setting up strawmen consisting of what they imagine the other believes about salvation. Then they gear up to fight with all their might against what they have constructed.
Mormons do not believe that a person can be saved by works. Neither their scriptures nor their leaders advocate any such doctrine. However, we tend to preach the importance of works, probably as a reaction to the evangelicals' "saved by grace" emphasis. The LDS assume that the Christian rejects any commitment of action, which is also an unfair portrayal.
I've been trying to promote an interfaith dialogue wherein each group would accept at least the basic idea that we believe in the same Christ. Is this even possible? Sure, guys, we have a few differences. But c'mon. How many white-robed bearded men had a mother named Mary, a father named God, lived in Judea and Jerusalem around 0-33 AD, claimed to be the Messiah, rose from the dead and founded a world religion based on his teachings?