I heard part of that interview last night. I have a very hard time believing most of what he is saying. He has already established a pattern of being willing to be dishonest and deceptive in order to protect himself, his legacy and his opportunity to continue to coach at Ohio State.
I do not, however, believe him to be insincere. The best liars are often some of the most sincere people you'll ever meet. I find him to be both dishonest and entirely sincere because I think he still believes he was doing what was right (or perhaps what was justified).
Even if this blows over for now, it will likely soil his legacy when the truth comes out. I'm very intrigued to see what happens at the end of the season. One of the folks discussing the Rinaldi interview on ESPN Radio last night said he thinks Meyer "retires" after this year. I'm not so sure, but if he does, it might mean there's a lot more to the story than what's already out there.