We stayed at Hyatt Place Universal when we went last year. It is right across the street from Universal property. The rooms were HUGE, with 2 queen beds and a big living area with a sleeper sofa. LCD tv, free internet, fridge and free continental breakfast. They had a shuttle 2 x in the morning and 2 x in the evening. It is about a 10-15 minute easy walk and a $5 cab ride. Weekday nights are around $89, weekends are more.
http://orlandouniversal.place.hyatt.com/hyatt/hotels/place/index.jsp