To answer your question directly, this has been asked before. delete will delete what your pointer points to, but there was a suggestion by Bjarne Stroustrup that the value of the pointer itself can no longer be relied upon, particularly if it is an l-value. However that does not affect the ability to reassign it so this would be valid:
for( p = first; p != last; ++p )
{
delete p;
}
if you are iterating over an array of pointers, all of which had been allocated with new
.
Memory management in C++ is best done with a technique called RAII, "resource acquisition is initialization".
What that actually means is that at the time you allocate the resource you immediately take care of its lifetime, i.e. you "manage" it by putting it inside some object that will delete it for you when it's no longer required.
shared_ptr is a technique commonly used where the resource will be used in many places and you do not know for certain which will be the last one to "release" it, i.e. no longer require it.
shared_ptr is often used in other places simply for its semantics, i.e. you can copy and assign them easily enough.
There are other memory management smart pointers, in particular std::auto_ptr which will be superceded by unique_ptr, and there is also scoped_ptr. weak_ptr is a methodology to be able to obtain a shared_ptr if one exists somewhere, but not holding a reference yourself. You call "lock()" which gives you a shared_ptr to memory or a NULL one if all the current shared pointers have gone.
For arrays, you would not normally use a smart pointer but simply use vector.
For strings you would normally use the string class rather than think of it as a vector of char.