agreed 100%!
In addition to being able to edit, we should be allotted a certain amount of posts that we get to select which can potentially earn way past the 7 day or 1 month mark. Thanks to google searches, some of my posts from nearly a year ago are getting traffic. That is potential income that I'm not earning from material that's probably bringing people to the site.
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Yeah the earning thing is trickier to work out. Although it seems that this is a loss of earnings, hopefully these people will check out your latest stuff and vote on that. For now it may be an update of an old post with a few changes! :)