As someone who lives in a place where handguns and "assault weapons" are illegal and the city has used its licensing power to prohibit the sale of ALL GUNS AND AMMUNITION, I'm watching this closely.

The 2nd is an interestingly worded amendment. IMO and individual right to own and keep military weapons in the home. That said, the "well regulated militia" limits the scope of ownership and use to citizens not engaged in unlawful or disorderly conduct. No private militias, armies or armed mobs allowed. Perhaps regulation of artillery, explosives and such??? I'd expect full-auto to stay illegal.