Where's that quantum?

The nature and properties of the vacuum as well as the meaning and localization properties of one or many particle states have attracted a fair amount of attention and stirred up sometimes heated debate in relativistic quantum field theory over the years. I will review some of the literature on the subject and will then show that these issues arise just as well in non-relativistic theories of extended systems, such as free bose fields. I will argue they should as such not have given rise either to surprise or to controversy. They are in fact the result of the misinterpretation of the vacuum as ``empty space'' and of a too stringent interpretation of field quanta as point particles. I will in particular present a generalization of an apparently little known theorem of Knight on the non-localizability of field quanta, Licht's characterization of localized excitations of the vacuum, and explain how the physical consequences of the Reeh-Schlieder theorem on the cyclicity and separability of the vacuum for local observables are already perfectly familiar from non-relativistic systems of coupled oscillators.