Affectionately known by the lightweight hiking underground as the “PCT Method” (presumably because it was first used by long distance hikers on the Pacific Crest Trail), a bear bag hanging method exists that is lighter, requires less rope, offers the benefits of counterbalancing, is easier to set up, and offers simple and quick hanging and retrieval of your food.
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You can make your own system quite easily by assembling the following components:
* Food storage bag
* 40 feet of hanging rope
* Keychain carabiner
* Small stuff sack for a rock (”rock sack”)
* Pencil-sized twig about 4-6 inches long.
I particularly like the second option shown by Bryan DeLay. Many’s the time I’ve needed that in the past.
besthike.com 
I know i probably shouldn’t be impressed, but wow, so much better then the rope just attached to the bag like I’ve been doing.