And in classical deflection fashion the attempt is maintained to keep it cloudy.
By "individual beings" mormon define them as separate, stand alone 'gods' - which by definition is polytheism - which by your admission IS CLASSICAL polytheism - the worship of multiple gods.
Lets further clarify matters - the mormon definition of 'godhead' is not that which is found in the Bible - but one that corrupts the biblical uses for polytheistic purposes - that is the mormon 'godhead' is nothing more than a committee.
Colofornian and MHG are quite correct in this - with the plethora of answers - I seriously doubt 'saints' understand.
It may surprise you to find out that Muslims consider all Christians to be polytheists for the same reason,i.e; that Christians have elevated Jesus to the position of God. The God of the Bible is clearly polytheistic. Witness the baptism of Jesus... You had Jesus standing in the water, The voice of the Father coming down from the heavens declaring Him to be His Son, and the Holy Ghost descending in the form of a dove. As well as countless examples of Jesus praying to His Father and referencing the Holy Spirit.
The Mormon understanding of the personalities of the Godhead were quite commonly understood by all Christians until the 4th century, when the Catholic definition of the Trinity took over.
Indeed, even today, many evangelical Christians, based on their own studies of the Bible have come around to this point of view .... (see Jimmy Swaggart for an example)