This heavily depends on type of video, IMO.
I always use Game Grumps vs JonTron as my go-to examples because they had the same guys working on both of them for a while and they could not have been more different. JonTron videos are CRAMMED with visual activity, especially during my favorite era of them back around 2012-ish when Jon and Arin worked together. I mean there was a TON of editing going on, it was almost spastic. The videos are still amazing to watch.
Game Grumps, meanwhile, is an LP channel and the more you edit that the less coherent it is. PewDiePie can do it because he's honestly drifted away from Lets Plays in favor of short "Reaction" videos. However, most LP channels are completely unedited. Game Grumps almost NEVER cuts footage out unless they're completely stuck.