For several decades, the σ/f0(500) and κ/K * 0 (700) resonances have been subject to long-standing debate. Both their existence and properties were controversial until very recently. In this tutorial review we compare model-independent dispersive and analytic techniques versus unitarized Chiral Perturbation Theory, when applied to the lightest scalar mesons σ/f0(500) and κ/K * 0 (700). Generically, the former have settled the long-standing controversy about the existence of these states, providing a precise determination of their parameters, whereas unitarization of chiral effective theories allows us to understand their nature, spectroscopic classification and dependence on QCD parameters. Here we review in a pedagogical way their uses, advantages and caveats.