(I know there must be a score of threads on this subject, but I didn’t want to reopen a non-recent one. Anyway:)
As has been debated before, there are grounds to believe that “well-regulated” was not intended to mean “under the iron-fisted oversight of the government”. Cecil himself said it could be construed to mean something closer to “subject to the lawful civil authority”, while others have claimed that contempory documents use it to mean something like “functional, effective, in working order”. I was wondering if the following interpretation is supportable:
If you accept that the meaning and purpose of the Second Amendment was that the federal government was forbidden to disarm the citizenry, then in context it means something like the opposite of “paper militia”- a militia in name only, a militia that doesn’t have any firearms. In other words, a modern paraphrase might be "A militia that actually has arms to bear being necessary to…"etc.