Just back from our mini trip. We did end up staying one night at the Holiday Inn Express Hotel and Suites nearest Universal Orlando. It was a nice, newer hotel and it did end up being only about a 1/2 mile away from Universal.
The hotel is nice, but the pool is pretty small. They had quite a few tables for their little buffet in the AM which consisted of eggs, biscuits, gravy, muffins, danish, warm cinnamon rolls, bagels, yogurt, cold cereal. Coffee, tea, oj, and apple juice. Of course it was nothing to write home about, but it was free and convenient.
The room was it little on the small side, and provided just the basics. No bathtubs just a huge walk in shower. The bathroom also had one of those pocket doors instead of a real bathroom door, which I thought was strange, but I guess its to save room. All in all, if you are looking for a cheap place to stay I would say its a good choice. Just make sure you drive down the road to make sure you are staying at the Express Suites, not the older Holiday Inn directly across from the park, that one looks rundown from the outside.
http://www.ichotelsgroup.com/h/d/ex/1/en/hotel/mcomb