Any tips or advice on how to do this, really don't want old dog to be to jealous of new dog. Does the older dog need to spend more time with me so as not to feel left out, new toys etc. Just like bringing a new baby home?

We have a 12 year old and it is much easier if it is a good natured dog, he was curious and WE NEVER left them alone until we were really sure they had made friends. I find it can help if you wait until the new arrival has a sleep and then spend a bit of time with the older dog, they do get jealous! I often praise the older dog when he does something so he feels extra special, and I buy them both a chew for when they are left alone. They do play fight together but when you watch you can see it is PLAYING! An older dog can find a new lease of life with a new playmate but it really does depend on the dog! Sometimes the older dog can be useful because he does seem to be showing the new arrival how to behave and they are good company together, it's lovely when you see them cuddle up in one bed together!
Watch them very carefully and yes IT actually is worse than a new baby, you can buy them dummies!! GOOD LUCK!

You should introduce the dogs to each other on neutral territory. Treat the older dog as the alpha dog, feed first, pet first etc. and back up the older dog when he puts the younger in its place (sometimes easier said than done). Feed them seperately but so that they can see each other - I found a babygate invaluable. Never leave them alone together until you are sure they will not fight. It may be beneficial to use a cage so that the younger dog is safe.
It took a long time before I could relax when I got a new pup, but now the two dogs get on really well.
Good luck
Jan