This is what several of our CVO-Harley Forum guys have done to save some floor space.
With it embedded into the floor, you can drive over it without any bump etc. I could see this setup working very well for the M3W. A couple cross bars and you're going up in the air. It does not lend itself to an open under, but if you were going to be changing out the rear wheel/tyre, you could just keep it off the rear of the lift table a bit and get the job done.
Also I know a lot of guys here also have bikes and this would be great for a dual purpose garage.
Just thought I'd share it with you all.
By the way, the garage looks awesome...