Angularjs if-then-else construction in expression

Angular expressions do not support the ternary operator before 1.1.5, but it can be emulated like this:

condition && (answer if true) || (answer if false)

So in example, something like this would work:

<div ng-repeater="item in items">
    <div>{{item.description}}</div>
    <div>{{isExists(item) && 'available' || 'oh no, you don't have it'}}</div>
</div>

UPDATE: Angular 1.1.5 added support for ternary operators:

{{myVar === "two" ? "it's true" : "it's false"}}