Well, I have found old posts in Steemit search that I really liked, & I was able to upvote them. I can also go back and edit any of my old posts & do when needed. But I was just annoyed that I can't share old posts from others by resteeming. However, I guess it's a good idea to maybe just do a curation post once in a while with links to all the really good old posts- like an indirect re-steem. And I guess those upvoted on old posts must still go through eventually...
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Once a post pays out, I don't think you can edit it anymore. I know you used to be able to. But, your upvotes don't give anything to that author, btw. Better to go forward and give them a vote on something recent. There are no payouts past seven days, on anything. I know that for certain.
So why do we still have the option to upvote old posts if the author isn't getting paid when we do? Where does the money go when someone upvotes an old post? It has to go somewhere.