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An edit is trivial to roll back, so you actually need everybody with editing powers to agree with you. Also, it does make sense to encourage people to fix a bad-but-salvageable post rather than voting to close it. Anyway, right now I can't change those rep thresholds, so it's a moot point. They'll probably be configurable by the time SE comes out of beta.
And anyway, I'd strongly disagree. I like closing where it is (at around 3000), as it seems we now have quite a few closers, with more and more coming. On the other hand, I'd like the editing threshold made much lower. I think people "get the hang" of editing much faster than learning the community norms for closing.
My reputation is currently between 2k and 3k. I agree that they're in the right order. When I got to 2k I immediately knew what to do when editing posts -- keep in mind that most edits are probably fixing formatting, grammar, etc. and don't actually change the content of the question. I have no idea which questions to vote for to close when I get to that point. I feel that one has to have spent longer at a site to know what to close than what to edit. (For an extreme case, compare Wikipedia, where anybody can edit, but deleting articles (the analogue of our closing questions, perhaps?) is limited to administrators.)
@Michael, MO has deletion of questions as a 10k ability.
@Ilya: I think it takes 3 votes from 10k+ rep users to delete a question, and the question must already be closed.
@Ilya: 10k is deleting closed questions. 3k is voting to close. (See the FAQ.) In any case, whatever it is I get to do when I reach 3k, I'm not sure that I feel competent to do it.
@Pete: actually, nobody (not even moderators) can see who has voted to close until the question is closed.
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