oops... I do see that now. I thought i clicked non-FL passes... $214 is a little more but still not too bad and the saving staying off site might help aswell. Although staying onsite will help with transportation and wash it all out.
Personally, I feel that time is a perishable resource. (i.e. No matter what you do, time is one thing that you can never get back.) So my feelings are that for the time-saving/maximizing element of my trip staying on-site is a no brainer. Especially with the new addition of Cabana Bay, you can't beat the price. I highly recommend staying on-site, and if there is an auto club in Australia you may want to check it out and see if they offer any on-site Universal discounts. I know that here in the states we have the AAA/CAA (American/Canadian Auto Association) that has an agreement with Universal Orlando to give members of the club a 10% discount at certain food/beverage/restaurants in the parks and at CityWalk along with 10% off at certain merchandise locations throughout the resort as well.