The amendment was intended to be a barrier to absolute rule by any tyrannical power. Targets, hunting, nor self defense are mentioned, OR relavent. All males (not including slaves at that time) were members of the militia. It was also intended that the individual populace would be armed with the latest weapons (i.e. - assault weapons) to enhance their effectiveness.
Comparing the text of the Second Amendment with ALL THE OTHER ORIGINAL AMENDMENTS, there can be little doubt the original right was intended to be individual one.
I wish the Supremes had not reviewed it, which amounts to a pocket endorsement of the Appeals Court ruling. If the Supremes rule "OUR" way, the next thing is everyone from Nancy P. to PETA will be calling for a Constitutional Amendment to reverse the Second Amendment.