This week's book giveaway is in the OO, Patterns, UML and Refactoring forum. We're giving away four copies of Refactoring for Software Design Smells: Managing Technical Debt and have Girish Suryanarayana, Ganesh Samarthyam & Tushar Sharma on-line! See this thread for details.
No, deleting a soft link deletes only the link. If you have a link to a directory and you just say "rm link", then the link is removed. If you say "rm -rf link", though, then yes, the whole linked-to directory will be emptied out.