There's nothing like the machine above available for bikes that I'm aware of. That holder looks pretty nifty, if heavy. Before I got an Ortlieb map case, I made my own map holders with office supplies: Plastic sheet protectors, duct tape, and velcro (to keep it on the handlebar).
I experimented with using a paper clip on the side to mark my place, but it turned out to be just as much work to fiddle with the paper clip as it was to just find my place.
Freiheit's point about bicycle travel being slower is a good one. Generally, you don't need to think more than two or three turns ahead on a bike, and usually just one or two.
For some time, I was using text output from Bikely and pasting it into a spreadsheet, where I could manipulate the columns, format the text, and print out cue sheets on any size paper I needed; I usually made a map holder every few months, and would often improve the design to be simpler. The best ones used 8 1/2" wide paper, requiring less trimming on my part. (That's what the Ortlieb holder uses.)
The scroll-style cue sheet seen above looks pretty handy, but I suspect that making one for a bicycle would be more trouble than its worth; you'd have to tape pieces of paper together to make the cur sheet. When I had access to a laminating machine, I used it to make half-sheet (8.5x5.5) cue sheets that I could swap out in the rain.
Jury-rigged cue sheet holder:
Cue sheet I wrote up on the road in a bike shop, using the back of a "real" cue sheet: