If not theological correctness, what is it?

Today I read this quote by the new Bishop of the Episcopal Diocese of Chicago -

"That's one of the tragedies afflicting the church right now," he said. "So many of us seem to think that salvation depends on our theological correctness."

So then I just have to ask - if not being correct about God, then what is our Salvation dependent upon? If we don't believe that Jesus is Lord and His is the only name under heaven by which you can be saved, then you certainly not "theologically correct". And if you hold a belief contrary to this, then is God and His holy Word a lie?

Of course, when this bishop (and all others) was consecrated, he promised to guard the faith, unity and doctrine of the Church. Does this include the theological correctness that Jesus Christ is uniquely Lord? How about guarding the Faith as the Church has believed throughout all time?

Sigh. Pray, Pray, Pray. Being theologically correct - or at least desiring to be so - matters. May God the Holy Ghost guide us in this conversion of life!