Update: Robot Bike Storage in Tokyo
by Lloyd Alter, Toronto 
on 09. 8.08
Earlier this year we showed a lousy video in Japanese describing a robotic bike storage system. Now the Washington Post shows a much better one, in English, describing the machine.
More Bike Storage in TreeHugger:
How They Store Bikes In Tokyo
Urban Bike Stations: We Shouldn't Need Them But Do
TreeHugger Picks: Bicycle Storage Options
7 Ways Cities Can Make Your Bike More Secure
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That's fantastic.
Before anyone complains about the electricity usage, just be glad of the car it helps remove from the road (I'm fortunate that I can lock my bike up inside at work, there is no way I'd leave it at the bike stands in a station, even with the £80 lock I have).
We need these in the UK, more due to bike theft than lack of space.