I think his meaning is that women should not be teaching in the church or have roles of authority in the church. That is given to man. However, we see in the closing verses of the chapter that the woman is given an incredibly important task, that being teaching the kids. "Notwithstanding she shall be saved in childbearing, if they (the children) continue in faith and charity and holiness with sobriety." You'll see the same apostle in the 5th chapter say that one of the requirements of a widow that is a widow indeed is that "she have brought up children." Also he says a few verses later, "I will therefore that the younger women marry, bear children, guide the house, give none occasion to the adversary to speak reproachfully." Notice the task given the woman, that being to "guide the house." The whole foundation of society is the home, which explains why the American society is eroding before our eyes.
That godly mother is crucially important. All of us that had good godly mothers would agree. Our mothers sacrificed a lot to take care of us, raise us in the nurture and admonition of the Lord, disciplined us when we did bad things, taught us the fundamentals of Christianity, and carried us to the house of God to hear preaching about Jesus Christ. Oh yes, that woman has an important task. She isn't given the task of preaching or authority in the church, but she is given the task of making sure the house is heading in the right direction, and without her doing that task the church is not going to be near as profitable. God, in His incredible providence, has given to men and women separate tasks that are supposed to work together, complimenting each other to His glory and praise. We ought not to rebel against His system but rather try to follow it as closely as we can.