"I've done one movie. And it's not a movie I want to stand on as far as acting ability goes. I mean, I'm not going to win an Oscar anytime soon. I'm not Meryl Streep"

Megan Fox is acknowledging that she has actually just acted in one movie and does rule out herself to be an especially proficient starlet. She makes a contrast to Meryl Streep, who is extensively considered as among the best starlets of perpetuity, to emphasize that she does rule out herself to be anywhere near that level of talent.