Optimal title (without plugin)?

Well, finally I have come before the question How to make title more user- (& SEO-) friendly? and the for the answer I didn't have to „wait“ too long :-). Read this:

<title><?php
  echo ( $title = wp_title('', false) ) ? $title . ' | ' : '';
  bloginfo('name'); ?></title>

Although I think it's relatively clear (what the code does), I describe it on the result:

• On the homepage your title will be: My blog
• On the article-page (or Page-page): The article | My blog
• And so on: The Category | My blog, Monthuary 2007 | My blog