If you do a little research for special promotions it's easy to stay at the Polynesian for less. Summer stays for example could go for as low as $292.00
Having stayed at both Universal & Disney resorts, The universal resorts (loews operated hotels) in my opinion have nothing over Disney properties.
yea $292 isnt as bad as $400 but considering the only real perk is being near the magic kingdom that really isnt enough of a perk to me. Sure its nice to be able to just take the monorail back to the hotel, but is it really worth the extra money when I can find a comparable room offsite ( maybe even bigger) for $150-$200 less?
Stayed at the buena vista suites the last time we went to disney. The room was only $89 with a full continental breakfast and wifi included. Granted we werent a hop skip and a jump away from the magic kingdom. But honestly it didnt matter.
I get that at the disney hotels you are paying to be surrounded by the disney magic 24/7 and your paying for your proximity to the parks. But when a stay there for one night can cost as much as my seasonal pass costs to get me in for the whole year, its really hard to justify that expense. Like I said once I finally win the lottery I will stay at the polynesian but for now I'll stick with a cheaper hotel that gives me more bang for my buck.