Bicycles not only take up a lot of space in garages, they also tend to get buried behind all the other stuff that’s crammed in there. The Kradl is designed to help, by hoisting bikes up to the ceiling. And what’s more, it doesn’t use any electricity.
I live in a major city and the most common type of bike theft here is from a garage, gotta lock em up in the garage. This seems like it’d be better security that just leaving it propped against a wall but less than just about anything else.