I believe that it is highly likely that the Meridian license is in breach of the Busybox license, in particularly...
6. Each time you redistribute the Program (or any work based on the Program), the recipient automatically receives a license from the original licensor to copy, distribute or modify the Program subject to these terms and conditions. You may not impose any further restrictions on the recipients' exercise of the rights granted herein. You are not responsible for enforcing compliance by third parties to this License.
However proving that all aspects of the software are wholly covered by the license would be difficult, it would only need to link with software covered under GPL to be covered by that license.
That said, the T&C of this website has nothing to do with whether M are abiding by the Busybox license or not, and I abide by this condition but not discussing the means to clone or image ones own legitimately obtained software that will be used on the same hardware from where it originated.