"I think something closer to a personal wiki would be better. All links to entries would be versioned so external links always point to the content they intended, but the entry would contain a link to an updated version if it exists."
I haven't seen a great implementation of this idea that also has a decent timeline view that people can subscribe to. Of course, if you don't care about people subscribing, then no problem, but if you are interested in that sort of relationship with people some "subscribable" is a necessity.
I've fiddled with trying to synthesize the timeline quasi-manually (think the space some wikis give you to say what a change is at the bottom), along with a checkbox that indicates the "minor change" ("don't put in the RSS feed"), but it's definitely something that only a handful of people are going to do because it's enough work to maintain one view of your content, maintaining two is even more.