Address balance and wallet balance

[wumpus]

You should probably qualify this with "manually managing keys is an easy way to make money-losing mistakes". If you want to move money into a wallet, just send a transaction.

Right on. Enough sob stories.

Don't be a cheapskate and use a transaction to send coins between wallets.

And in any case, whatever you do, don't mix a wallet managing client such as bitcoin-qt with manually fingering around with keys.

[deepceleron]

You aren't allowed to "delete" an address/private key in any sane wallet software, so the original question is already without basis.

This is like asking, "if I put snow tires on my car, and then take off one of the wheels, will I still be able to drive in the snow?" It's just a strange question.

Yes you can, in Electrum, Armory, Blockchain.info...

I said sane. It is nutty to allow users to shoot themselves in the foot by providing an interface to act on mistaken assumptions like these:

OP: Then I delete the address. Will money still be in the wallet? And I will be able to send money from 1st address? Without a trace?