According to a regnant criterion of physical equivalence for quantum theories, a quantum field theory (QFT) typically admits continuously many physically inequivalent realizations. This, the second of a two-part introduction to topics in the philosophy of QFT, continues the investigation of this alarming circumstance. It begins with a brief catalog of quantum field theoretic examples of this non-uniqueness, then presents the basics of the algebraic approach to quantum theories, which discloses a structure common even to ‘physically inequivalent’ realizations of a QFT. Finally, it introduces and evaluates a handful of strategies for interpreting quantum theories in the face of the non-uniqueness of their Hilbert space representations.