Having been fairly active on Stack Overflow's suggested edit review queue in the past couple of years, I observe that there are a number of worthwhile suggested edits that get rejected because they change more than the form of an answer. But that's wrong — edits that make an answer more correct should be accepted.
To give at least one example: a few days ago, I caught a suggested edit that already had one rejection. But this edit was right. I know because this was my own answer; I'd probably typed the code directly into my browser, and someone came along, tried running the code, and fixed a few syntax errors. This isn't an isolated case, though I find it hard to search for examples (a vast majority of edits are either obviously bad or on subjects where I don't know enough to judge).
In the example I cite, I wouldn't have had my mistake pointed out if I hadn't happened to look through the edit queue at that particular time. Notifying users of edit suggestions on their own posts would help, but that's not the whole answer. Users with the edit privilege can go and fix a mistake in any post. Suggested edits are meant to give that power to anyone, with supervision.
Related prior discussion: Should Suggested Edits change the technical content of a post?, which strangely seemed to discourage edits that improve the content of a post. This comes up again and again on Meta Stack Overflow (recent example). Yet the guidelines for commenting and editing clear state that you should edit out minor mistakes:
When should I edit posts?
Any time you see a post that needs improvement and are inclined to suggest an edit, you are welcome to do so. The original author of a question or answer may always edit their own post, regardless of reputation level. (…)
- To correct minor mistakes or add updates as the post ages
When shouldn't I comment? (…)
- Suggesting corrections that don't fundamentally change the meaning of the post; instead, make or suggest an edit;
How can we strive to get worthwhile improvements past the suggested edit review? In particular, how do we educate Stack Overflow participants (I think this attitude is more prevalent on SO) that it is ok, and even encouraged, to correct minor mistakes in answers?