  We systematically study the spectrum of open strings attached to half BPS
giant gravitons in the N=4 SYM AdS/CFT setup. We find that some null
trajectories along the giant graviton are actually null geodesics of AdS_5x
S^5, so that we can study the problem in a plane wave limit setup. We also find
the description of these states at weak 't Hooft coupling in the dual CFT. We
show how the dual description is given by an open spin chain with variable
number of sites. We analyze this system in detail and find numerical evidence
for integrability. We also discover an interesting instability of long open
strings in Ramond-Ramond backgrounds that is characterized by having a
continuum spectrum of the string, which is separated from the ground state by a
gap. This instability arises from accelerating the D-brane on which the strings
end via the Ramond-Ramond field. From the integrable spin chain point of view,
this instability prevents us from formulating the integrable structure in terms
of a Bethe Ansatz construction.
