Thanks all - yes the hubby is a keeper (OBTW - he is also an enabler - lol). This works out so well I can not believe it. and take up so little room. Also if it is ever in the way you can move it, remove it, make it wider, make it shorter, lengthen the chains etc for very little money.
FYI, for those who are interested, I used pine closet poles and put urethane on them to seal the wood. I used large safety cup hooks on the poles and screwed them into the top of the pole so that the pole did not roll around when putting a on or taking it off. We also had put that tongue and grove on the ceiling and the Hubby just put the screws into the groves so that it did not mare the boards.
Now off to fill up the rest of the space(lol)!! Humm .... there is the Keepsake Quilting tent sale this weekend .... maybe I should go?