  The local structure of low-lying eigenmodes of the overlap Dirac operator is
studied. It is found that these modes cannot be described as linear
combinations of 't Hooft "would-be" zeromodes associated with instanton
excitations that underly the Instanton Liquid Model. This implies that the
instanton liquid scenario for spontaneous chiral symmetry breaking in QCD is
not accurate. More generally, our data suggests that the vacuum fluctuations of
topological charge are not effectively dominated by localized lumps of unit
charge with which the topological "would-be" zeromodes could be associated.
