Back when Meyer was coaching the Florida Gators, he apparently had no problem with it. That seems natural, since it allowed his Gators to play for a championship multiple times without even an undefeated season.
This year, his Buckeyes are undefeated (so far) for the second straight season, but they'd still be shut out of the championship game if the season ended today. Fellow unbeaten teams Alabama and Florida State are ahead of OSU, thanks to their more difficult schedules.
We never really heard Meyer complain when his team was the one benefitting from the flawed system, but now that it's a different story, he's changing his tune significantly. From the ESPN report:
While he has a point, it's a bit disingenuous coming from a guy who benefitted from the system for years. Meyer's OSU team should probably have a better shot at playing for the championship, particularly since they haven't lost a game since the 2011 season. Still, those are the breaks.
Meyer's first championship came from the BCS system somewhat arbitrarily choosing Florida over Michigan and several other one-loss teams to play Ohio State. It would be a bit fitting if he were to be on the short end of the stick later in his career, which is what could happen this year.