Pythonic or PEP 8 compliant

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I'm making a command line thing
But that is not what I'm asking about
Do I go pythonic

srcpath=os.path.normpath(os.path.expanduser(args.src)) if args.src else DEFAULT_SRC_PATH

or pep 8 compliant (first one is 88 chars long)

if args.src:
    srcpath=os.path.normpath(os.path.expanduser(args.src))
else:
    srcpath=DEFAULT_SRC_PATH

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