We knew this was coming, what with Sea World and Disney raising theirs, it happens all the time as soon as one raises prices, the others follow shortly.
Strangely enough, I've heard that they have actually dropped the price of the 7/day,2parks+waterpark $4.01 from $99.00 to $94.99, which I think is a really smart move and hope that would help them with attendence.
They still have the deal where you get 6 months free (18 months) on a Preferred Annual Pass (no blackout days) for $199 if you buy before August 31st.
Universal Orlando Raising Ticket Prices - News Story - WFTV Orlando