I finally got my bike hung from the ceiling.

Matilda’s view by thetejon, on Flickr
This is what my younger daughter sees when she’s getting her diaper changed.
I still need to figure out how to secure the wheels – they’re just wedged up there right now (the left end of the handlebars is pressed against ceiling), and it seems pretty steady, but I don’t want it falling. It wouldn’t get low enough to hit the kids, but it could hit me or my wife, or break something (the bike, for example).
It’s hanging up there with a Harken 45 lbs Bike Lift System that I got from austinkayak.com (They were really quick to ship, I’d recommend them).
Anyway, I’m pretty happy. It’s out of the way, and it goes up and down easily.