In an effort not to derail the Presidential thread, I figured I would start this one. I can't remember where we left off, so I will just state my position.
Faith and repentance are the same act or state of being viewed from different perspectives. To repent means to turn or change. Salvation, then, is turning away from whatever you formerly had faith in (yourself, your money, etc) and placing your faith in Christ. It is impossible, then, to have faith without repentance.
What this does not mean: You can have faith, then fall into sin and you lose your salvation. It does mean that, if after a profession of faith, there is no sign of repentance (and thus, no sign of faith), it is a very good indication that the profession of faith was not genuine.
I guess that'll be enough to get started. Any disagreements so far Monty?