Although I would like to replace it at some point with a bike shop style floor to cieling expanding pole thingy, although they cost around the £100 mark.
I recently bought one of the floor to celing stands from edinburgh bike co-op shop, Regular price is £88.88 or summat and they actually use em to display bikes, last time i was there they did anyway. Mine's not even installed properly, a bit of wood and card to protect the landlords ceiling and its held up two 26lb bikes without drama so far. just need to do it properly if its staying na it shoud be fine.