Earlier quoted context omitted.
RAII is great, and should be used where appropriate. I'm not sure what it has to do with reference counting, though. Reference counting is just a particularly slow and unreliable form of garbage collection; I don't see why you would ever prefer it to a proper garbage collector.
Classic RAII in C++ is a limited form of ref-counting (only one ref). I have to disagree with your second statement, ref-counting is extremely fast. If you consider it a GC then it's the fastest GC. It's also deterministic and does not pause.
No, it's not, not unless you use a lot of cleverness. "We find that an existing modern implementation of reference counting has an average 30% overhead compared to tracing…" (They did perform a lot of optimizations to get it up to speed with tracing garbage collection... however, these are far beyond what shared_ptr does.)
http://users.cecs.anu.edu.au/~steveb/downloads/pdf/rc-ismm-2...