Buy.com has the 2-Pack Rad Products Garage Bike Hoist for $18 with free shipping. Features rubber coated hooks, smooth pulleys and latches and a 100 lb. load limit.
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$12.95 @Amazon for one hoist.
http://www.amazon.com/RAD-Cycle-Products-Ceiling-Mount/dp/B000PEURIQ/ref=s12?ie=UTF8&qid=1352902026&sr=8-2&keywords=rad+bike+rack
I have these, and hang 2 bikes at a time. It helps if you have a vice to pinch the hooks for a better grip, but have had no problems so far. Great deal if you have too many bikes in the garage.