I believe that is where I stayed in 1999. If it is, it was fine back then. We used the shuttle a few time to get to Sea World and Wet n' Wild-we missed it once and took a taxi. The shuttle also stopped at a few other Inns/Hotels on the way.
We walked to Universal from there every morning, and most likely took the shuttle back, if it was a convient time-but can't remember back that far.
We ate at the Pizza Hut nearby and the Ponderosa.