This is the second example of the punishment of the ungodly and of judgment upon them. By contrast, the deliverance of the pious from judgment is also indicated, as in the following third example (vv. 6-9).
“He did not spare,” as a righteous Judge (cf. v. 4). “The first world” means, more precisely, the ancient world, before the flood. It means the world in general, not only the human race, for by God’s judgment every living thing was destroyed by the flood.
“With eight souls”: Noah, his wife, his three sons, and their three wives. In his First Epistle (1 Pet 3:20), the apostle expressly points to the small number saved with Noah from the flood.
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This small number is set against the great number of the ungodly. In general, Scripture always indicates that few are saved and chosen, both in the Old Testament and in the New Testament divine economy of salvation.
“A preacher of righteousness”: he, Noah, alone stood against the ancient world contemporary with him. He proclaimed its moral corruption and wickedness, and demanded a change of life, that is, repentance.
Righteousness here is taken in the general sense of obedience to the divine will and piety. “He brought in the flood”: the account of this is contained in Genesis, chapter 6 and following.