I'm sure I qualify as an elder around here, whether I like it or not.
Meteorology is pretty damn targeted. This can be both good and bad, IMO. I.e., it could be targeted enough that you'll appear very focused and with specific skills when you graduate -- which can be very key for an employer looking for that sort of thing. On the downside, it might not give you a lot of "cross-over" potential -- though that's often due more to short-sighted and narrow-minded employers than due to any limits in a meteorologists' academic background, IMO.
And if you're that targeted, jobs could be a little harder to come by -- but with fewer applicants. Just be prepared to move a bit if your career in the field progresses.