Sorry, but no. It's easily the most convoluted and poorly constructed (grammatically speaking) of them all. The reference to a militia. The placement of the comma (which appears and disappears in various printings). Even the words being used. It isn't clear at all, and that is born out by the fact that it's been contentious for decades. Don't be fatuous.
The version I posted is the only one that matters, the ratified version. According to the Constitution our country should not even have a standing army unless there is a cause worthy of declaring war and the states vote to approve it. This would mean that the militia would be the first line of defense. The founding fathers had not intended to create an imperial nation hell bent on conquering the world, but merely protecting their little piece of the pie. The founding fathers also recognized that a militia, independent from federal control, also would serve to dispatch a domestic threat of tyranny by an out of control government, which can also fit the definition of "being necessary to the security of a free state". In those days, and today, militias are citizens who supply their own equipment and who organize to train or to provide for their fellow citizen's security. This would mean that those same citizens can't be denied the means with which to wage war. By all standards of the constitutional amendment the people who comprise the Militias, capable citizens, could possess, train with, and wield weapons as deadly or more so than the military's, giving the term well regulated. After all it were the militia's rifles that were the distinct advantage during the war for independence, not the army regulars craptastic muskets.
It is recognized as a separate entity in the 5th amendment, from:
The United States Constitution - The U.S. Constitution Online - USConstitution.net "No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation."
To assume anything else would be fatuous on your behalf.