I love the hymn that expresses it well: "All of grace, yes, grace surpassing Such a portion to bestow, But the love all knowledge passing, Grace has taught us now to know. Love that bore the stripes and sorrow, Love that suffered on the tree, Love that shares the bright tomorrow, With the loved ones, you and me.'
The 'bright tomorrow' of which the hymnwriter speaks (I'm not sure who it was) must be all of grace, or not at all.
BTW, the link I posted has some thought provoking ideas and comments; feel free to comment also, whether positively or negatively.
Hi there; re. the supposed losing of salvation, I think that those who can entertain the idea that, if they have it, they can lose it, are losing something else instead: losing sight of the very basis of salvation which is by grace, through faith.
FYI, did you see this thread which has been busy? http://www.christianforums.net/showthread.php?t=54485&page=15