We carry out a comprehensive analysis of the simplest curvaton model, which is based on two non-interacting massive fields. Our analysis encompasses cases where the inflaton and curvaton both contribute to observable perturbations, and where the curvaton itself drives a second period of in inflation. We consider both power spectrum and non-Gaussianity observables, and focus on presenting constraints in model parameter space. The fully curvaton-dominated regime is in some tension with observational data, while an admixture of inflaton-generated perturbations improves the fit. The inflating curvaton regime mimics the predictions of Nflation. Some parts of parameter space permitted by power spectrum data are excluded by non-Gaussianity constraints. The recent
BICEP2 results [1] require that the in inflaton perturbations provide a significant fraction of the total perturbation, ruling out the usual curvaton scenario in which the inflaton perturbations are negligible, though not the admixture regime where both inflaton and curvaton contribute to the spectrum
