You sort of want to reject them all, but ocassionally a gem gets submitted which makes you reluctant.
For example, years ago i was responsible for triaging bug bounty reports at a SaaS company i worked at at the time. One of the most interesting reports was that someone found a way to bypass our oauth thing by using a bug in safari that allowed them to bypass most oauth forms. The report was barely understandable written in broken english. The impression i got was they tried to send it to apple but apple ignored them. We ended up rewriting the report and submitting it to apple on there behalf (we made sure the reporter got all credit).
If we ignored poorly written reports we would have missed that. Is it worth it though? I dont know.