If you're wanting it to run smoother, then more Ram would be good. Also dunno what processor you have.
Shivering Isles is a very big expansion pack, full of lots of quests, new monsters, new people, new lands. It has the entire package! Personally, I haven't explored much of it, but I wish I had the time to do so!
Knights of the Nine is a long linear campaign, and it is a very decent one. Although it doesn't add a new Worldmass, it does add a few new quest-related dungeons, plus some brilliant Paladin armour. The quest is long, even longer if you roleplay (no-fast travel) and the rewards are pretty awesome. Including the final fight! I'd reccomend getting both.