There are a couple of major flaws. One is that with this definition, it is very difficult to know the length of the meter accurately; to do so would require a precise measurement of a very long physical distance. The same problem existed with the definition that superseded this one, which had the meter defined by a smaller physical strip; measuring a physical object is just not very accurate.
The second problem is that the Earth is not a sphere, or even an ellipsoid. So there is no obvious or unique way to define the distance from the pole to the equator. Along different meridians, the distances along the surfaces are different. Moreover, those distances change over time as the Earth's surface changes.
My understanding is that it was realized quite early on that the first problem made the original definition unworkable for precision measurements. So it may be better to think of the length of the meter as being inspired by the distance from the pole to equator, rather than rigorously defined by it.