Well, as an experimentalist you should be much less worried about what's reality than the theoreticians, because it's you who defines what reality is! You set up your devices to produce the entangled bi-photon states and the various optical devices and detectors to observe them. What's real is what your detectors show. The theory (in this case QED, simplifying the devices to an effective description which is more or less the same as in classical electrodynamics (quantum optics of optical devices is mostly the hemiclassical approximation, i.e., matter treated phenomenologically in terms of response functions/susceptibilities), except for the detection process of photons itself, which usually is some kind of photoelectric effect (which can be almost always be treated semiclassically, i.e., assuming classical em. fields but quantized electrons). All this is not reality but an (effective) quantum-field theoretical description for the statistical outcome of your detector clicks, and what's real are the clicks, not the theorists' field operators and state operators!