This answer is half incorrect (as of this post), but I don't like to edit other people's answers, since there's always the chance I misunderstood something, and it seems quite ham handed to just barge in on other people's posts.
Should I just go ahead and delete the poster's first incorrect point leaving behind only the second and correct point, or should I add a comment and wait for the poster to do it themselves?
In this case, even the poster seems to admit in the comments that they are wrong.
What is the threshold for editing answers?
Should I just go ahead and edit, and assume that if I'm wrong / misunderstood something, it'll be rolled back or edited again?
This question is about a specific post, but I'd also like to get a handle on the general guide lines of editing answers for content (as opposed to grammar, emoticon killing, etc.)
The FAQ definitely seems to encourage the editing of questions and answers:
Like Wikipedia, this site is collaboratively edited, and all edits are tracked. If you are not comfortable with the idea of your questions and answers being edited by other trusted users, this may not be the site for you.