You can see a list of suggested edits on your stuff on data.se:
http://data.stackexchange.com/stackoverflow/s/1928/suggested-edits-on-my-stuff in particular there are 2 rejections on TeX you may want to look at.
This is quite enlightening, as a top user on TeX you dealt with 9 pages of suggested edits, yet only a fraction affected you, and a much smaller fraction were rejected. (7 approved / 2 rejected on your stuff)
As it stands, normal edits do not trigger any kind of notification. The UI for revisions on your stuff is kind of obscure: http://stackoverflow.com/users/17174/sam-saffron?tab=responses&rfilter=revisions
In particular looking at your TeX example, there are many more case where people have messed with your stuff that you are oblivious to: http://data.stackexchange.com/tex/q/114393/edits-on-my-posts?UserId=2975 (62 changes)
Even at very high rep, the number of times that people edit your stuff is incredibly rare. Personally I think we should possibly consider adding inbox notifications when people create revisions on your stuff OR an edit is rejected.
Due to suggested edits being so rare, odds are you will not even be on the site when this happens. The result is what you are much more interested in. I support the idea of "edit notifications" but do not support adding notification for only a fraction of the time stuff is edited. It seems to arbitrary.
If the result of a suggested edit is that it is approved it is stronger and more likely to be correct than a normal edit (a high rep user + normal user looked at it). Why would you want to see the edits that are more likely to be correct?
If it is declined I agree you probably want to hear about it, in case it was too radical and you supported the radical. However the amount of times this happens is incredibly rare. I support this kind of notification, but support the listing in a stronger way. And also support a general edit notification (including declined edits) in a stronger way.
I support the controversial "inbox notification for edits" request.
I also support expanding: http://stackoverflow.com/users/17174/sam-saffron?tab=responses&rfilter=revisions to show rejected suggested edits (something I will do now)
and also be able to see and accept or reject the suggestion independent from their own reputation.
This is already the case, you can always approve/reject edits on your stuff. Its just that you are not that likely to be around when it happens. You still see
edit(0) on your own posts regardless of rep.