Flawed it may be (though I would suggest it is not seriously so).
However, Mr Clegg's solution will simply leave it as a chamber full of political stooges selected by parties using precisely the method rejected (by two to one) by the electorate a year ago last May.
Party politics has been the most ruinous calamaity for the House of Commons, especially in the past twenty or thirty years. The country needs less of Party politics but Mr Clegg's "reforms" will simply ensure, not only that they have more, but that the LibDems will almost certainly hold an almost permanent balance of power in the Lords. His idea needs rejection by all parties.