In this paper, we study the two-dimensional linear stability of a regularized Casson fluid (i.e., a fluid whose constitutive equation is a regularization of the Casson obtained through the introduction of a smoothing parameter) flowing down an incline. The stability analysis has been performed theoretically by using the long-wave approximation method. The critical Reynolds number at which the instability arises depends on the material parameters, on the tilt angle as well as on the prescribed inlet discharge. In particular, the results show that the regularized Casson flow has stability characteristics different from the regularized Bingham. Indeed, for the regularized Casson flow an increase in the yield stress of the fluid induces a stabilizing effect, while for the Bingham case an increase in the yield stress entails flow destabilization.