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Two-dimensional models as testing ground for principles and concepts of local quantum physics

In the past two-dimensional models of QFT have served as theoretical laboratories for testing new concepts under mathematically controllable condition. In more recent times low-dimensional models (e.g. chiral models, factorizing models) often have been treated by special recipes in a way which sometimes led to a loss of unity of QFT. In the present work I try to counteract this apartheid tendency by reviewing past results within the setting of the general principles of QFT. To this I add two new ideas: (1) a modular interpretation of the chiral model Diff(S)-covariance with a close connection to the recently formulated local covariance principle for QFT in curved spacetime and (2) a derivation of the chiral model temperature duality from a suitable operator formulation of the angular Wick rotation (in analogy to the Nelson-Symanzik duality in the Ostertwalder-Schrader setting) for rational chiral theories. The SL(2,Z) modular Verlinde relation is a special case of this thermal duality and (within the family of rational models) the matrix S appearing in the thermal duality relation becomes identified with the statistics character matrix S. The relevant angular Euclideanization'' is done in the setting of the Tomita-Takesaki modular formalism of operator algebras. I find it appropriate to dedicate this work to the memory of J. A. Swieca with whom I shared the interest in two-dimensional models as a testing ground for QFT for more than one decade. This is a significantly extended version of an ``Encyclopedia of Mathematical Physics'' contribution hep-th/0502125.