  During the last decade it has become evident that the magnetorotational
instability is at the heart of the enhanced angular momentum transport in
weakly magnetized accretion disks around neutron stars and black holes. In this
paper, we investigate the local linear stability of differentially rotating,
magnetized flows and the evolution of the magnetorotational instability beyond
the weak-field limit. We show that, when superthermal toroidal fields are
considered, the effects of both compressibility and magnetic tension forces,
which are related to the curvature of toroidal field lines, should be taken
fully into account. We demonstrate that the presence of a strong toroidal
component in the magnetic field plays a non-trivial role. When strong fields
are considered, the strength of the toroidal magnetic field not only modifies
the growth rates of the unstable modes but also determines which modes are
subject to instabilities. We find that, for rotating configurations with
Keplerian laws, the magnetorotational instability is stabilized at low
wavenumbers for toroidal Alfven speeds exceeding the geometric mean of the
sound speed and the rotational speed. We discuss the significance of our
findings for the stability of cold, magnetically dominated, rotating fluids and
argue that, for these systems, the curvature of toroidal field lines cannot be
neglected even when short wavelength perturbations are considered. We also
comment on the implications of our results for the validity of shearing box
simulations in which superthermal toroidal fields are generated.
