S.H.
I have a 9 month old and 4 year old as well so I know how you feel. They also share a room. I don't like CIO but it has worked for us (better with my 4 year old but I work and well, we all need sleep). IF and only if you want to go that route here is something we tried. I put a sleeping bag on the floor in our room and told the older if sister woke her up she could come in here and sleep on her sleeping bag. She did this one night and the next several nights never woke up (or at least not enought to want to come to our room). I have had to modify CIO a little with this one as it hasn't worked quite as well (or maybe I'm just weaker this time around) but we are now through teething and getting a 8-5:30 pretty consistantly or if she makes noise puts herself back to sleep. and yes the older wakes on occassion but not as often as I would have thought. Don't know what kind of sleeper your older one is but this is just a thought.