This is a great idea until you hoist your bike 5 meters up off the street, then some other bike nerd comes along and parks his on the same pole 4 meters up.

Now you'll never get that package all the way across town in 15 minutes & will be fired from your messenger job. The kicker is, you're probably now deeper in debt from laying out for this ridiculous motorized lock. You're out of a job & owe a couple G's on your Discover card. Your APR skyrocketed after the recession, and unless you marry rich, you're not going to be out of this hole for years. Of course, the only rich broad who's going to date an inked up, out of work bike messenger is just doing it to piss off daddy, so you'll probably get some crazy blue blood sex out of the deal. But you're just not husband material, and waking up to a pair of Nantucket Red shorts on the foot of you bed isn't going to pay those bills.

Kind of a neat concept though.

^ I honestly enjoyed that comment more than the video .

How useful...

Oh wait, it is not.

it's a completely stupid project. Besides what handmethekeysyou just said about someone else parking their bike below yours, there's also one other tiny tiny problem. Not all posts have the same width, and this only works properly if the system is tightly wrapped around the post. So... it's pointless.

*wheels

Adding video to channels (Wheels) - requested by ant.