Sounds great. I am working on a trip there for this coming up summer. I would like to spend some time in Ubud also as it is supposed to be a very cool place, with lots of rice paddies etc. with great rental villas. How much time are you looking to spend in Bali?
It's coming on the tail end of a 9 day (or so) Thailand trip, so it'll be 4 or 5 nights, including shabbos.
I booked for 5 nights to maximize the HH discount, so the room cost 28k per night, vs. a published cost of around $220.
Not the greatest value, but better that than paying cash out of pocket.
Although I will say, some of the hostels and rental units looked very nice, and quite cheap as well.