This is overkill for your project, but these things are so neat, and so underutilized, I wanted to post this here.
http://www.dutton-lainson.com/products.php?cat=19
There are lots of versions of these, some might be cheap and small enough for your use.
You almost have to use one to understand and appreacite it.
When you are winding in, it has the same ratchet that a regular winch has. But there is no way to release it.
Instead the ratchet contacts a toothed gear that is running on a screw thread. When the winch tries to turn backward, the ratchet holds the gear, and the screwthread tightens on a rubber brake.
The more strain, the tighter it locks.
To lower the load, you simply turn the handle backward. That unscrews the brake and lets the spool turn backward.
But, as it does, the brake is continually tightening.
So, if you let go of the handle, it stops instantly.
I had a 2000# one on a hoist I built, and was lowering about 1500#s of concrete statue. It was going down smoothly, and the guy who was buying the statue made the comment, careful, don't let the handle slip.
I promptly let go of the handle completely, scratched my nose and went back to lowering. Told him not to worry, I would never do anything like that.........