What do You Think Of Relativism? Is it as Big of a Threat as The Pope Says it is?

Moral relativism has been around a long time, and we're all still here, so the threat cannot be that great. I'd say there are degrees of relativism, and some is good. The reverse would be absolutism, and strict absolutism, in morals as well as politics, is just not an intelligent or workable view in this post Enlightenment era.