Opinion of this meme

[satsuma]

It's only good for supporting respect, I guess. The meme is abusing definitions.

"Heretical" - Protestantism (generally speaking) and Catholicism are heretical relative to one another, because while having some irreconcilable inconsistencies, they both claim the mantle of the same religion (Christianity). Mormons also claim to be a Christian faith but have mutual inconsistencies with other Christian traditions, leading them to evangelize to each other's members. Mormonism (if you're a different kind of Christian) is heresy.

"Cult" - a loaded term. It sometimes characterizes a situation where a teacher is the source of new doctrine, abuses his power over followers (sex, power, isolation from society, etc.). This characterizes the Smith & Young era, but as Mormonism congealed more around their teachings as the revealed doctrine of a faith that they would continue to practice while re-assimilating into American society, it became less cultish.

"Abrahamic" - a relevant category in terms of source material, but it's not a brotherhood. "God is more OK with you being one of the other Abrahamic faiths than being irreligious, pagan, an Eastern religion, etc." would seem to be a strange line to draw. Why not go full Universalist at that point?