I read and review. No more, no less.
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1. Don't use abstract nouns.
Some of my rambling observations about rewrites of earlier fics, triggered by comments from Norrrrrrrrrr.
This is the pattern I usually see:
Yet I would also say that trying a rewrite is an integral part of becoming a better writer. Most of the best writers on this website have tried rewrite fics, and I would guess that they learned a lot from it. They get to see where they were weak, they get to see what they were already good at. Also, writers can't usually beta their own work, since they are too close to it, too biased to be an impartial observer. But for rewrites, since there's been a large chunk of interregnal time to forget the details of their own works, writers can essentially be their own betas, which is a great experience.
tl;dr: If you're considering a rewrite, definitely do it and see how much you can improve the original story. But mentality-wise, keep in mind that almost no one ever sticks with a rewrite. Which is not a bad thing at all. Rewrites give you the freedom to experiment and look at your earlier work critically.