It is possible the accepted rate is still higher even with a higher rejected rate because the gross rate is higher.
Thank you very much for the profound reply! I think I get it. What I don't get is, what
the gross rate is all about. It't the first time I hear about it.
So your're saying I might be making more profit with more rejects/higher hashrate than by lowering intensity and reducing rejects.
Do all readers agree?

What matters is the amount of accepted shares. So although you might have more rejected shares with a higher intensity, the thing that matters - the accepted shares - is also higher.
Do a quick calculation to see your effective hashrate (in previous posts called 'gross rate' and choose what's best:
effective hashrate = raw hashrate x percentage of accepted shareswith:
raw hashrate = what miner reports
percentage of accepted shares = 100% - percentage of rejected shares