That's absolutely right. The meaning of the ammendment can be clearly understood if the emotional connotations are removed from the ammendment, and it presented as follows:
A well educated electorate, being necessary for the security of a free State, the right of the people to keep and read books shall not be infringed.
Then ask the following questions:
- Can a person own a book (or can only libraries own books)?
- Must a person be of a certain age to own or read books
- Are only registered voters allowed to own and read books?
- Must a person have a certain level of education before they're allowed to own and read books?
- Must the books that are owned or read be registered?
- Must somebody be licensed to own or read a book?
- For what ostensible purpose does owning and keeping books serve?
- What benefit is derived from that purpose?
- Can the purpose for which the right exists be accomplished without that right?
- Can somebody carry a concealed book?
- Can somebody carry a book in public in plain view?
- Is it necessary to explain to somebody why you need to have any particular book (or why you'd need to read it)?
- Who decides which books can not be owned or read?
More accurately, "A well stocked library, being necessary for the security of a free State, the right of the people to keep and read books shall not be infringed."
Given that this is a right secured only from federal infringement, it says that the federal government shall not interfere with the state constructing and stocking libraries for use by the people. Certainly, as with the first amendment restrictions, the federal government can reasonably restrict the kind of books the state library carries.
Now, if the state wishes to allow people to purchase their own books, keep them at home, carry them around, or set a minimum age for buying and reading books, well, the states retain their police powers to do that.