For instance, I have just edited my answer to this old-ish question on SF due to a formatting issue.
The change I made doesn't really indicate new active interest in the question, but the current algorithm seems to look solely at last modified dates for any part of a question (the question and any answers, and perhaps any comments).
Is there a case for edits to answers not affecting the "active" or "hot" status? Or perhaps a more fine grained approach: a check-box on the edit screen to select if the edit represents new information or new/further interest (rather than just being a clean-up, as in this instance)?
FYI: I had completely forgot answering the question, about two months ago, until someone gave the answer another vote a few hours ago so it could be said that there was renewed interest in the question+answer today, but my understanding is that the vote itself wouldn't bump the question's recent activity status.