A separate dedicated VHF antenna for AIS is a great solution if you can get the required separation (at least 6’). The early splitters were simple and had a lot of loss. However, splitters are made now that are “zero insertion loss” and work very well although they are not cheap. They work by amplifying the signal a bit to make up for the small loss that would otherwise be present and give you a signal that is as strong or stronger than you would have with a single straight-through coaxial cable. I can see very little downside to them except for the fact that, if you are using a transponder to broadcast your position, your position will not be updated during any period that you are keying the microphone on your VHF radio. I figure I go slow enough though, and transmit rarely enough on my VHF, that this shortcoming will make little difference in the real world. The model splitter I use (which I got from Doug at Milltech, along with my transponder) is the AMEC CUBO-162. I am very happy with my system and have noticed no VHF degradation, though that is just my subjective impression.
John