http://www.bbc.co.uk/news/uk-politics-13428909
He doth propose a Lords (or whatever it'd be called) of 300 members, 80% of which would be elected and for which terms would be 15 years. The elected members would be elected by STV and in thirds.
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I think that's actually far worse than what we have at the moment.
I wouldn't go that far. I think what we have now is an abomination since the abolition of hereditary peers and the now annual ritual of busing in new Lords so one party get's an advantage over the other. Nick Clegg, yet again, is going for a stupid solution to a genuine problem (see AV)
A fully elected PR Upper Chamber would be fine. Simple as that. 4 or 5 year fixed terms.