Bacteriophages are viruses that infect bacteria, play a crucial role in gene transfer, and are used as models for studying virus-host interactions. Their life cycles include the lytic cycle, where the host bacterium is lysed to release progeny, and the lysogenic cycle, where viral DNA integrates into the bacterial genome without harming the host. Lysogenic bacteria can express new traits due to prophage presence and can be induced to enter the lytic cycle under specific conditions.