As someone who went from 500 rep to 3k rep in a couple of month's, I've come to miss some of the "privileges" of having low rep.
In the same way that moderators might want to simply "vote close" rather than insta-close a question. I want to simply make a suggestion for an edit rather than an insta-edit. I want my edits to be approved by other people, especially the persons question/answer I am editing. Otherwise it feels as if I am stepping on other people's toes.
Before I had instant edit privilege, I saw "oh this.. certainly need a little puff to look better / get the point across seamlessly". And knowing that other people would only say "yes" if it was correct gave me the feeling that "if your edit is crap, then it won't go through". Like a safe edit.
Nowadays I barely edit (only did some edits for the hat thingy), and the only edits I do is text to mathjax edits so it looks "correct" / "serious" / has the quality of being on EE.SE.
With that said, is there any way to make suggested edits to questions / answers as someone with +3k rep? Or should I make 3x 500 bounties to drop my rep to below 2k? Because I really miss that feature.
But then.. if I got below 2k rep, then I will miss the vote to close option, because some questions really... need that vote.