@Ajmassa, the short answer is 2nd runs are worth it. To quote the guys that taught me, "second run is what you drink while the first is aging."
For every 2 gallons of 1st run, add: 1 gallon water, 2 to 2.5 lbs sugar, 1/4 tsp grape tannin, 1 tsp acid blend, yeast nutrient. In short, you get about half the volume from the 2nd. For the cost of sugar and some additives, you extend your yield by 50%.
My notes from last year are
here.
Some folks pull only free run juice, while others (including me) do a light press. Don't do a hard press -- the 2nd run will be very light if you do.
I use hot tap water and dissolve the sugar in it, then add the remaining items listed above. Then stir in the pomace. This is thick, so stirring is difficult. Getting an accurate SG is tough, as there is a fair amount of completed wine in the pomace. Using the normal calculation for sugar in water should give you an idea of the final ABV, although the ABV of the wine remaining in the pomace muddies the waters. If you don't stress about that, it helps.
Last year I light pressed the 2nd run, then hard pressed it, keeping the two separate. The hard press (Squeezins') is thicker, darker, and harsher. However, it mellowed amazingly, and produced a full bodied wine that is possibly darker than the 1st run. Which makes sense -- it's got the best of the grape solids in it. One of my sons prefers the Squeezins' to the first run.
The light press 2nd run is still in the barrel -- it's lighter than the 1st run or the Squeezin's, but it's a very tasty wine that has nice complexity. It's drinkable now, but will be better after a year or two in the bottle. I'd drink it with red sauce or steak.
This year? I'm going to do what one of my mentor's did -- he divided the Squeezin's (that was his name for it, that I carry forward) between the 1st and 2nd runs -- he had 2 barrels for the 1st run and one for the 2nd run, and divided the Squeezin's equally between the three.