Is it better to autorelease or release right after?

There are a lot of cases in which one would alloc an instance, and release it right after it's being assigned to something else, which retains it internally.

For example,

UIView *view = [[UIView alloc] initWithFrame...];
[self addSubView:view];
[view release];

I have heard people suggesting that we go with autorelease rather than release right after.

So the above becomes:

UIView *view = [[[UIView alloc] initWithFrame...] autorelease];
[self addSubView:view];

What's the best practice here? Pros and cons?