You're merging screen captures from different NTLite screens, which can be really confusing to follow. Please don't do that, otherwise new users will have no idea of where these settings are found.Could I have any problems deleting or disabling these settings?
In my case I use Microsoft Office, but I don't use Windows Update and Edge.
Windows Spotlight is mostly the daily wallpaper, news & weather updates, and Start Menu's suggested apps.
EdgeUpdate & OutlookUpdate tasks are optional tasks to force reinstall both apps, if you've removed them from the image.
Most event log classes are optional. But I wouldn't remove any Windows-Kernel channels, since those are more important for error logging.