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This psalm closes as it begins with the declaration: “O LORD our Lord, how excellent is thy name in all the earth!” This statement sets the theme for the entire psalm. God establishes His excellence by His working with and blessings to mankind. Much of this psalm looks back to creation and to man’s original place there.
The distance between man and God is great. This is partly based on the greatness of God, but the distance is magnified even more by the lowliness of man.
Is your life a constant testimony and praise to the greatness of God or to the greatness of this world?
A covenant is a solemn agreement. The most important covenants in the Bible are those in which God makes a covenant with man: the Abrahamic Covenant, the Davidic Covenant, etc. Here is a covenant which man makes with God. The Israelites recognize the importance of God and covenant together to wholly follow Him.
This is one of the great revivals in the Bible. As usual, it is a revival of the word of God. When God’s people return to the word and obey its teachings, they experience great joy and are greatly blessed by the Lord.