This would serve to further illustrate what certain characters were okay with doing, and others would turn their noses up at. A poor, down-and-out mixer would probably still eat that day-old steak, I mean c'mon! Real meat! Whereas a corpie wouldn't be caught dead taking a bite.
Functionally, the items would go through a few stages of disintegration for a given period of time before disappearing entirely. Maybe at the later side of decay they actually make you sick? Temporary hit to endurance? Maybe the tougher and stronger you are the more you can handle bad food?