So how would you expect the architect, and champion, of one of the largest campaign finance reform bills to act while running for President?  Would you believe that he is doing everything he can to skirt the law that he helped write... nay... that he takes credit for even to this day?  Would you expect that not only does he do this, he doesn't even apologize for it?  Well... you should believe it... because John McCain is a politician... which means that he's a liar and a cheat... and when he's not kissing babies, he's stealing their lollipops:

Sen. John McCain's campaign has announced that it is asking individuals to donate as much as about $70,000 to accounts that could help his campaign. The cap on donations to presidential candidates is $4,600 per election campaign.

The McCain campaign has established several fund-raising accounts that will collect large donations from wealthy individuals and parcel them out to national and state Republican parties that can spend the money to help Sen. McCain and other Republican candidates.
...
Campaign spokesman Tucker Bounds said the senator "has a long record of rooting out the corruptive influences in campaign finance, and it would be impossible to paint him as the candidate of big money in this race." He called the fund-raising structure "completely commonplace" and said their efforts were intended to "remain competitive with Senators Clinton and Obama, who have raised millions more than we have at this point."

In 2002, Sen. McCain helped enact a campaign-finance-reform law that banned corporations, unions and wealthy individuals from writing six-figure and seven-figure checks to the national political parties. During debate on the legislation, Sen. McCain said "it is self-evident that contributions from a single source that run to the hundreds of thousands of dollars are not healthy to a democracy." The law eliminated about $500 million in corporate and union money from politics.

Now Sen. McCain plans to ask people to donate about $70,000 each to the new accounts.

You see... McCain has a long record of rooting out corruption in campaigns... but since he knows that he is not corrupt, it's perfectly acceptable for him to skirt the intent of the very laws that he created.  Hypocrite.  Liar.  Sellout.

Look... I hate the McCain-Feingold act.  It's unconstitutional, and does absolutely nothing to take corruption out of politics.  As long as government is large, and attempts to regulate everything about our lives, people will find ways to spend as much money as they can to make sure that government does what they want.

But if John McCain is convinced that it needs to be regulated, then he should be the first to voluntarily accept the consequences of that regulation.  It's put up or shut up time John.  You wanted this law, so live by it, or help abolish it.