yeah if you can't get a 2 or 4 post lift this is good way to go. I knew I needed 2 car storage so I did the 4 post lift, cost of the lift itself was about the same. Then it needs to be installed, chances are you need to lift the garage door tracks to a front torsion spring so that adds up.
Definitely 'dream garage' territory
4-post is the way to go. I'd have to tear down my 100 y.o. garage to install something like that.