if you haven't already, check out the shanghai thread for insights:
http://www.flyertalk.com/travel/fttr...ML/000018.html
the "soft" hotel used to be hot during the mid 90s, but it's time has clearly passed. i don't like the ramada. the peace is cool if you're into old hotels with lots of history.
i suggest you check out the (underrated) westin and some of the better chinese hotels like the hengshan. a lot depends on whether you want to be out by the bund (peace and westin) or in the thick of the action (french concession).