More tannin, smooth , but greater texture, longer finish; that's if all of the conditions are right. Depending on the grapes, some wines may not benefit from extended skin contact. You have to have reactive tannins, good color, ripe grapes, not over or under ripe. When I did it, I was too nervous, 30gal batch of grapes from Sonoma, you keep tasting while the tannins build, 39 days and I said this is ridiculous, but if you panic and press before the structure smooths out, you'll be left with what I got, massive tannins requiring years to mature. Still fun to taste every once in a while.
In 2003 I did a Syrah 28 days, I still have a few magnums of that, for several years it too was undrinkable and tasted like fruit with a cigar butt finish, it's quite an experience to taste now knowing what it has been through.