Amazon.com has the Racor PBH-1R ProStor Bicycle Hoist Monster on sale for $21, with free shipping on $25. Store your bike safely from the ceiling of your garage; Solid steel construction delivers a 55-pound load capacity.
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#2 likes to wrap this around his joystick and lift himself up to the ceiling for exercise.
Cheaper at PricePoint: http://www.pricepoint.com/detail/14464-250_SETLI5-0-Search--/Sette-Lift-it-Bike-Storage-System.htm
Costco has this for $14.99.