Earlier quoted context omitted.
This may be "good enough for legal work" if they want to associate you with the location of a crime/event.
Not really, since you have physical access to the file you can edit it. That should immediately disqualify it as evidence. I think this type of data normally is gathered from the phone company when used as evidence, then the involved parties can not tamper with the file.
You can claim "I edited it", which then weakens the evidence. Then they will look for other evidence, and try to look at everything as a whole.