Outrageous changes in credit card terms

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Has anyone else noticed changes or been informed of changes in their credit card terms? I received a notice from one of our credit card companies that they were increasing their APR as well as their late charge and over-limit fees from $29 to $39. Then I noticed that one of the companies must have increased the minimum payment by 100%! Before our minimum payment was $42 and now it has gone up to $86! I understand that in these economic times companies are trying to make sure they get their money, but do you think they are sticking it to the consumer in the process? Do you think the credit card companies will ease up on these changes once the economy turns around? And is anyone besides me planning to pay off and then cancel their cards altogether for these reasons?