I don't think a 1:1 ratio for replacing running with cycling is recognised. From what I have read, the ratio is more like 3:1 or 4:1 to gain similar training effects. e.g a 30min recovery run could be replaced by a 90min ride. Google "J Strength Cond Res.May;17(2):319-23), 2003" to find one of the studies on cycling as a cross training method in distance runners.
As has been said, cross training can compliment your running, but you are not going to be able to substitute it for your key run sessions.
I use indoor rowing for cross training. There the ratio is said to be between 0.75 - 1 :1. Can be very dull though