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Just a few idle thoughts...
In some respects I actually think morally the Dwarves are more like the Elves, or at least the Noldor, than Men. Both Elves and Dwarves were capable of being evil without having a history of directly/willingly serving Morgoth or his followers. By contrast, all Men "fell" and did so by worshipping the Shadow. When the Noldor fell (both times), worship of the Shadow was not involved, despite collaboration with Sauron in the second fall.
Perhaps it depends upon how much room for neutrality there is in the spiritual struggle of Ėa, to neither support nor oppose the Shadow. Pragmatism does seem the appropriate word, as one cannot imagine the Dwarves in the East having much opportunity to act upon a presumably natural antipathy for Sauron. If "wicked Dwarves" made alliances with Orcs, for all we know that made it more difficult for Sauron to exert his control over those Orcs, which in the broader scheme may have brought about good.
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"Since the evening of that day we have journeyed from the shadow of Tol Brandir."
"On foot?" cried Éomer.
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