There is a GREAT paper on this exact subject - as soon as I can find the link again I will post it.
Bottom line - DO NOT MAKE THE MISTAKE of seperating the 1st clause from the 2nd! (I have done this plenty!)
-The Militia of the several states is 1 of only 6 permanent 'bodies' identified in the constitutition
- the Militias pre-date the constitution, and are constitutionally REQUIRED to exist
-the DUTY and RIGHT of the people is to serve in the Militia, the Preamble shows this to be important, because among the six purposes of the Constitution set out there, atleast 3 parallel the mission of the Militia - to execute the Laws of the Union, suppress Insurrections and repel Invasions.
-the arms in common use by the military ARE the exact arms the Constitution says we SHALL have because of being members of a state Miltia
-The Constitution is every American's reason, license, and requirement to be armed. And therefore the notions that whole classes of firearms suitable for Militia can be banned or that huge geographical zones can be carved out in which individuals can be prohibited from exercising and performing their constitutional rights and especially duties IS UNCONSTITUTIONAL
- ANY attempts to control guns controls the miltia, and so IS UNCONSTITUTIONAL. LAWS trying that ARE NOT LAWS - they don't exist
legally.
- registration HAS BEEN PROVEN to lead to confiscation, which would disable the rights of the people and harm the purposes of the militias, SO ARE UNCONTITUTIONAL
- government storing arms of the Miltia is unconstitutional because the tyrant may hold they keys
- the Constitution not only imposes on the President the duty to "take Care that the Laws be faithfully executed," but also requires Congress to make available to his own command a most potent means to perform that duty, THAT IS THE MILITIA.
-the Constitution guarantees "the security of a free State" for every State--and, collectively, for the United States--through "calling forth these Militia" whenever necessary to secure "a Republican Form of Government" for each State and "to execute the Laws of the Union, suppress Insurrections, and repel Invasions"
-the Miltias of the several states ARE NOT FEDERAL, and ARE NOT TROOPS, those are accounted for elsewhere in the Const.
- the right enumerated IS PERSONAL because the people in the miltias provided there own arms, and were fined INDIVIDUALLY for not being properly equipped (unless they were too poor)
...
I have not seen/read anything with regards to how the Dick Act (NG) and Warner Act have usurped the people's role in all this, that is a BIG issue to me.
My take is that the framers purposely gave WE THE PEOPLE such powers because WE ARE IN CHARGE!.
Link:
http://www.newswithviews.com/Vieira/edwin16.htm