Interesting. But what happens when you are getting off the lift with 5 other people at the same time and need to use your back foot to petal? That would get annoying. You could unhook it before that... but.. Cool idea though, I have no need for it because my lift rides are only 2-3 minutes. But I could see it being useful for those 15 min lift rides out west.
When exiting the lift you do so as you normally would. Place your foot in the same spot and the magnet draws the ring out of the hook. I personally don't use a stomp pad and use the binding as leverage to turn and such. Lifty does not get in the way and slides out easily due to the magnet.
"Good things come to those who wait, but only the things left by those who hustle." - Lincoln