Exalted, a.
Raised to lofty height; elevated; extolled; refined; dignified; sublime. Wiser far than Solomon, Of more exalted mind. Milton. Time never fails to bring every exalted reputation to a strict scrutiny. Ames. -- Ex*alt"ed*ly, adv. -- Ex*alt"ed*ness, n. "The exaltedness of some minds." T. Gray.
Shades of meaning
Fernald has no entry of its own for exalted; he lists it under high.
Where he writes about it:
We speak of an exalted station, a grand mountain, an imposing presence, a majestic cathedral, a noble mien, a solemn litany, a stately march, an august assembly, the awful scene of the Judgment Day. — from awful
In the figurative sense, elevated is less than eminent, and this less than exalted; we speak of high, lofty, or elevated thoughts, aims, etc., in the good sense, but sometimes of high feelings, looks, words, etc., in the invidious sense of haughty or arrogant. — from high