We analyze the physics of massive spin 2 fields in (A)dS backgrounds and
exhibit that: The theory is stable only for masses m^2 >= 2\Lambda/3, where the
conserved energy associated with the background timelike Killing vector is
positive, while the instability for m^2<2\Lambda/3 is traceable to the helicity
0 energy. The stable, unitary, partially massless theory at m^2=2\Lambda/3
describes 4 propagating degrees of freedom, corresponding to helicities
(+/-2,+/-1) but contains no 0 helicity excitation.Comment: 13 pages, LaTeX, version to appear in Phys. Lett.