Lots of good advice here but it boils down to just this:
1) IS is not needed at all if you use a tripod. in fact you should disable it if using a tripod.
2) Rule of thumb for hand holding a long lens is to use a shutter speed not slower than 1/(focal length) so if hand holding a 200mm lens, shoot at 1/250 second of faster.
3) Finally now that we have IS we can break the above rule and shoot at 4/(focal length). So now with a 200mm lens we can hand hold at 4/200 04 1/50th of a second
So buying that expensive IS lens allows #3 above. Without IS you are stuck at #2 or #1.
Remember there are two causes of motion blur (1) camera shake and (2) subject motion. IS only addresses camera shake.
4) IS is not needed if increasing the ISO yields both acceptable noise and an acceptable shutter speed as in (2) ISO vs noise needs checking on the body to be used but is getting massively better with each generation of cameras.
Worth bearing in mind there are also NR apps, and resizing the output down tends to remove noise if it is an issue.