The Collaborative International Dictionary of English v.0.48:

Respect \Re*spect"\ (r?*sp?kt"), v. t. [imp. & p. p.
   Respected; p. pr. & vb. n. Respecting.] [L. respectare,
   v. intens. from respicere, respectum, to look back, respect;
   pref. re- re- + specere, spicere, to look, to view: cf. F.
   respecter. See Spy, and cf. Respite.]
   1. To take notice of; to regard with special attention; to
      regard as worthy of special consideration; hence, to care
      for; to heed.
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            Thou respectest not spilling Edward's blood. --Shak.
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            In orchards and gardens, we do not so much respect
            beauty as variety of ground for fruits, trees, and
            herbs.                                --Bacon.
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   2. To consider worthy of esteem; to regard with honor. "I do
      respect thee as my soul." --Shak.
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   3. To look toward; to front upon or toward. [Obs.]
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            Palladius adviseth the front of his house should so
            respect the ??uth.                    --Sir T.
                                                  Browne.
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   4. To regard; to consider; to deem. [Obs.]
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            To whom my father gave this name of Gaspar,
            And as his own respected him to death. --B. Jonson.
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   5. To have regard to; to have reference to; to relate to; as,
      the treaty particularly respects our commerce.
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   As respects, as regards; with regard to; as to. --Macaulay.


   To respect the person or To respect the persons, to favor
      a person, or persons on corrupt grounds; to show
      partiality. "Ye shall not respect persons in judgment."
      --Deut. i. 17.
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   Syn: To regard; esteem; honor; revere; venerate.
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WordNet (r) 3.0 (2006):

respected
    adj 1: receiving deferential regard; "a respected family" [syn:
           respected, well-thought-of]

Moby Thesaurus II by Grady Ward, 1.0:

37 Moby Thesaurus words for "respected":
   admired, adored, appreciated, creditable, esteemed, estimable,
   held in esteem, held in respect, highly considered,
   highly esteemed, highly regarded, highly reputed,
   highly respectable, honorable, honored, in favor, in good odor,
   in high esteem, in high favor, meritorious, much-admired, noble,
   prestigious, prized, reputable, respectable, revered, reverenced,
   reverend, valued, venerable, venerated, well-considered,
   well-thought-of, worshiped, worshipful, worthy