Pros
I have a feeling that if you work in one of the company's two main offices, located in Texas or India, the meeting times may be more manageable.
Cons
I'd heard about blame-storming, but I had never experienced it before being hired at BMC. If you know how to function in that kind of environment, go for it. I would also tell any new hire at BMC to talk to a trusted HR person to help them keep track of all the information that would be necessary to form a case for why your being fired is inappropriate. I would say set aside a good hour per day to devote to your note takings -- your management is doing this so should you be. After working there, I had several recruiters comment that BMC has a habit of calling meetings that you must attend. The example given was a meeting notice that went out at about 5pm on the day a person was leaving for vacation, for a mandatory 6-7pm meeting. It was presented as a pervasive corporate habit.