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Sir Stamford Circular Quay or less expensive hotel?

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Found a good rate for this hotel, in what seems to be a prime location (would be first visit to Sydney), about $130 plus taxes per night.

I've been looking around wotif.com and it appears you can get cheaper around the Central Station or further out east (or west too presumably).

One example is Mercure Sydney, which has a 4-day rate of about $100. Quite a bit out from the harbor but could always take the metro out (plan to get a weekly travelpass for about $30-35 USD).

Stamford is suppose to be a nicer hotel. So is the location worth it?

One annoying thing is that all the hotels seem to do is charge exorbitant rates for Internet, either like $10AUD an hour or $30 AUD a day. Tried to find out how much Stamford charges but no response.

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