I find it a bit irritating that when I click the Improve button and further edit it, even if I mark it as helpful, only Community takes the credit for the approval. I know the topic itself will contain the link to the suggested edit, but my activity history only says that I made an edit, and not approved a suggested edit. The same holds true for marking one as unhelpful. The activity history should say I rejected an edit, and then made an additional edit. I know it's not often, but sometimes I do try to go back to a suggested edit I've rejected, but when I improved and rejected, it's not traceable for me as it doesn't show in my history or in the question's revision history. So if I don't remember what user suggested it, it's lost to me.
This issue also plagues the Proofreader and Reviewer badges which are awarded for approving and rejecting suggested edits, which essentially you have done, you're just not receiving credit for it. I suggest that when I mark an edit as helpful or not helpful, both me and Community be listed as the approvers or rejecters, unless another user is already listed in the appropriate place.
Update: Here is an excellent example of the confusion this causes.
Update 2: Also, when improving a post and marking it as "not helpful", it would be nice to be able to add a rejection reason along with it.
Expanding off the idea that users need more notice for suggested edits that get rejected, the activity history page is much too useless when it comes to listing the suggested edits a user has made. Literally all it does is list them. A user still has to click through to each one in order to find out if it was approved or rejected, or even if it's still pending. Take, for example, this screen shot of the suggested edit history:
Is it really necessary to say I suggested a suggested edit? Really? Of course I suggested it, it's a suggested edit. This isn't tautology club!
A good way to fix this would be to change the second "suggested" word into one of: pending, approved, or rejected. This would be a quick way to tell which edits have been approved or rejected and which ones are still pending. Users would be able to target out rejected edits and review them for the reasons. Something like this: