Ruby on Rails

Hey rails-talk, I have a little question: How do you handle multiple
inserts like these in ActiveRecord? It's for a little Camping app that
skylerrichter is writing, but it's just plain, simple ActiveRecord, so
it shouldn't really be any difference from a Rails app:

@company = Company.create(
:name => @input.name,
:sub_domain => @input.subdomain)

# Create the first user:
@user = User.create(
:company_id => @company.id,
:first_name => @input.first_name,
:last_name => @input.last_name,
:email => @input.email,
:password => @input.password)

Both Company and User has validations, so there's a possibility that
they don't actually get saved to the DB, and in that case I don't want
*any* of them to be saved. I was thinking about something like this:

begin
Company.transaction do
@company = Company.create!(
:name => @input.name,
:sub_domain => @input.subdomain)

@user = User.create!(
:company_id => @company.id,
:first_name => @input.first_name,
:last_name => @input.last_name,
:email => @input.email,
:password => @input.password)
end
rescue
@errors = [@company, @user].compact.map(&:full_messages).flatten
render :errors
else
redirect Login
end

But I'm wondering if there's a better (more Rails-y) way to solve this?

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