Seriously? Where should a rational person draw the line? Surface to air missiles are okay but nuclear weapons are not? Or, are you okay with both the former "arm" and the latter "arm" in the possession and control of the average Joe or Josephine?
While most military weapons inhabit the semantic category of "arms," not all are
firearms. The "arms" referred to in the Second Amendment were firearms, rifles and pistols. Missiles are not firearms, nor are nukes or lesser bombs.
The bottom line argument will reside in weighing the factor of
intent on the part of the Framers. Would they want every citizen to possess a SAM, or a WMD? I don't think so and I strongly doubt any Supreme Court Justice would.
I would disagree when it comes to the Framers. They felt, like I do, that free men did not need government permission to own arms or anything else...unless of course their actions proved them to be irresponsible, criminal, etc. This notion of preemptive distrust of our fellow citizens is not a core principle this country was founded upon.
Indeed, our early government had no issue with citizens owning cannon, in addition to their small arms. Take a look at some of the weapons vets brought home after serving in our many wars and foreign adventures prior to 1934.
We have a farmer here who owns an old cannon dating back to his forebear's service with Mad Anthony Wayne. Nobody ever questioned his right to own it until just after WWII when the feds threatened his grandfather with jail unless he paid the tax on it required by the NFA of 1934. It still sits in the yard of his farmhouse...all nice and legal after he paid the tax...and it hasn't been used to kill anyone. Go figure.