I think the biggest part of the decision to be made is whether the 2nd amendment will be "incorporated" or not. Incorporation is the concept that the rights listed in the BOR cannot be reduced by the States.
Excellent analysis, and one that would give the SCOTUS a nice way to rule on the matter without really resolving anything.
In the end, I think (and hope) that they come to the decision that keeping and bearing arms is a fundamental individual right, and that "well regulated" means that the government has a duty to ensure that the individuals bearing arms are peaceable individuals.
My ultimate dream for this would be a federal carry permit, perhaps administered by the DOJ, and valid on all 50 states. I'd be willing to take training and show a level of weapons competence for such a permit, thus being well regulated and individually bearing arms.
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