Ferris Wheel Shoe Storage System by Rakku

Rakku Designs makes this clever Ferris wheel-like shoe storage system that, depending on shoe size and type, can hold up to 30 pairs. Shoes are inserted through elastic bands, which both hold the shoes in place and allow for easy retrieval. This page lists some of the features of the device, which include the ability to adjust the rotation speed through a tension controller.

This picture gives a better impression of the width of the unit (dimensions are here) than the pictures on the home page do.

Price: 65 bucks, but currently sold out (January 2006).