Good Questions: How to Hide My Bike?

Meggie sent us a good question: I have a very small one (280 square foot) apartment in Oakland, California. The living room is the only place i can keep my bike. I've found this amazing pulley system from Kettler Spezi to keep it out of the way-giving me room for my tiny desk/dining table. But now...

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sf(at)apartmenttherapy(dot)com)'s just an eyesore. Do you have any suggestions for hiding it? I was thinking that bold print wall paper would hide it, but would that make the room feel too small?

Please share your ideas and feedback with Meggie....