Conditional tags – did I do this right?

I wanted my headings to be h1 tags for the blog title if it was the home page, or the index page, with all other pages having just a link (and the h1 tag would be the page title). Rather than code a separate header template, I used these conditional tags in the header:

<?php if (is_front_page()) { ?>
     <h1><a href="<?php echo get_option('home'); ?>/"><?php bloginfo('name'); ?></a></h1>

<?php } else { ?>
      <a href="<?php echo get_option('home'); ?>/"><?php bloginfo('name'); ?></a>

<?php } ?>

Appears to work like a charm, but since I am a PHP novice, only messing around with OPC (other people’s code) I wanted to be sure I got it right. Can you check my homework, Mommy? ??