Oof, didn't see this until it's been voted up and I've already been vilified. Sure wish I got a ping about it. Anyway, making this a post so it can have proper replies and voting, not just comment replies and upvotes in the parent thread.
I voted a reject because the post is both effectively a duplicate of another answer, and entirely incorrect. I'm actually surprised it hasn't been deleted already.
You mention that some users have a mentality of "don't polish a turd", then dismiss that stance by claiming that a helpful edit is helpful. Sometimes that's correct, but other times it is not. On other network sites with large review backlogs, a helpful edit suggestion on a post that's about to be deleted is, in fact, not helpful. This is the same reasoning presumably behind "too minor" edits. (Granted, this isn't SO: we don't have a review backlog, so this point is much less pertinent here.)
The network post you linked to has the following paragraph:
There have been some occasions where, after editing, either myself or another user suddenly sees the hidden value in the post. In these cases, we might have lost something of value if we didn't edit first.
And indeed, you seem to cite this in your reply to psyk0:
I couldn't tell that it was the effectively same as another answer until I cleaned it up and "translated" it.
But, to be frank, just because you couldn't tell it was effectively the same doesn't mean that most people can't. I would especially expect them to be able to decipher the post if they read it after badp's post, which uses the same notation. (To be fair, they won't have read it after if they sorted by "active", but I don't know anybody who does.)
Further, in this case, after translating it and suggesting it you evidently noticed that the answer was not worth keeping. That's why you wrote a comment, after all -- and yeah, I upvoted your comment because it was relevant. But I would argue that after finding the answer of no value, and leaving a comment (and maybe flagging it for VLQ), the edit suggestion is unnecessary.
Finally, you mentioned that you should not be punished for "debatable and dubious reasons". I'd argue that while my reasons may be debatable, it's not very fair to call them dubious when I only have a 50 character limit to explain my reasoning. And honestly, I think that calling a single edit rejection a punishment is making a mountain out of a molehill.
tl;dr voted to reject because the edited answer is a duplicate (though not a copy-paste) of an existing, incorrect answer. If I saw this suggestion, with the context of the other answers, I still wouldn't approve -- but maybe I'll skip it next time instead of rejecting. Feel free to reply and CMV.