I, for one, have more respect for those who revise their posts after well considered reflection. Shows good character. Why would that bother anyone else?
EXCEPTIONALLY well said. I may be repeating myself on this issue, but I belong to a number of computer forums for which there is no time limit on editing - I can still edit 7 years later. I am in favor of long, if not very long edit times; I'll enumerate a few but not all (to spare members' boredom):
1. allows me to correct spelling/grammar - I hate being wrong.
2. allows me to reflect on what I may have said in a way which is unbecoming (when undeserved

)
3. on rare occasions,
Milwaukee's Best (hey, it has the cheapest alcohol volume:price ratio!) has spoken for me
4. I can correct download links without having to repost them or bother an admin
5. I just don't buy into the notion that an edited post somehow "disrupts" the content or flow of a thread - people are smart enough to read past anomalies.
So while I know the "no-time-limit" rule will likely not take place here (though I wish it would), allowing at least 24 hours would help us all to reconsider what we may have typed.
I'll close by reiterating M. Knight's simple yet eloquent quote above.
Hell, upon further reflection, I may have even taken pity on Fort Rock.
edit: Naaaaaaaaaaaawwwwww...
http://pastebin.com/NffuTde2