When to prefer templated policy based design over non-templated inheritance based design

Question

I am trying to understand the real requirement of the usage of templates for policy based design. Going through the new templated designs in C++ I found that policy based class

Answer 1

Depends on the situation I guess... A possible downside of using templates is that the type should be known at compile-time:

HelloWorld hw; // English is plugged at compile-time

In your second example, where you're using a pointer-to-base, this pointer might point to a variety of derived classes. What exactly it points to is not required to be known at compile-time and can therefore be determined by (user-)input at runtime. A possible down-side of this approach is virtual call overhead. In some applications, and on some platforms, this might be unwanted.