Having been here in 2011 I like to think we can make the comparison.
A few changes we observed:
1) In 2011 you had to exchange your fast pass inside the park which meant standing in line again. Now you get it immediately at the entrance, so that's an improvement!
2) The price of a Fast Pass. Universal thought it to be a good idea to rise prices during an economic difficult time by more than 20% !! I'm not sure what they are thinking but in 2011 we paid $139,99 now we paid $169,99. Of course you pay a lot when you want a fast pass but in combination with the next point this borders on robbery.
3) Nowadays you will only be allowed to use your Fast Pass once per attraction/ride. This used to be unlimited. And this is a severe downgrading. It says so when you're buying the ticket so it was no surprise but in combination with the pricehike it makes you wonder if you don't want o spend your money elsewhere.
With respect to the rides no complaints. They are still fun and they have changed some of them and added the Transformers ride.
My suggestion would be when considering to go and buy a Fast Pass: do I want to pay this much money? It allows you to skip the lines and yesterday all rides had a waiting time of 60 min or more.
So it did pay of in some way. But because you can only use them once per ride Universal is not a full day park anymore, unless you want to wait an hour or more to go a second time.
That's why you might want to start the day later, let's say about noon. This way you finish your first round with Fast Pass at a later time when the park becomes more quiet. In addition you can first have lunch somewhere else which saves you money and most likely has better quality.
So my reason or a 2 is the value or money component. The rides and attractions are still fun
One more thing: regular parking at $15 is just fine. You can upgrade but it's really not that far to walk.
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