Grace and Law?

Recently, there has been a lot of discussion on what are the roles for Grace and Law for Christian.

Here's a good summary by Dr Graham,

Dr. Graham says, “We don’t keep the Ten Commandments in order to be saved; we keep them because we want to please God and bring honor to Him by the way we live. Jesus said, ‘If you love me, you will obey what I command’ (John 14:15).” 21 June 2009 interview with Seattle Post.

And personally, without the law, grace would means nothing. I am constantly reminded of God's Grace, when I fall short of His ways (law). Hence, grace is "big", "important", "meaningful" and "grace" only when there are laws.