LDS views on evolution

I know the LDS church has no official views on evolution. I had someone ask me what I thought about it, and frankly, I haven't given much thought about it. As I understand, there are people at BYU who believe in evolution, but I think they believe that evolution has limits, and don't rule out that God created the world.

So how do people reconcile evolution with creationism? What do you think about "intelligent design"?