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If you’ve ever been whacked by the end of an extension cord or cable that was automatically retracting, you’ll appreciate RoboReels ($330-$400). Available in portable and ceiling-mounted versions, these intelligent 360 degree-rotating cord reels use a two-speed motorized retraction system that can be started from the base or the end of the cable, ensuring a smooth, safe return for the receptacle ball, which offers three outlets, a power on/off button, three LED indicator lights, and a retraction switch.

http://monkeybait.com/2012/04/16/roboreels/