I think our Intrepid "shorty" filters are Fram PH16, and I believe the large-style filter is PH8. Check 'em out and you'll see the difference.
Since the filter element is larger there's less restriction and more oil volume -- you'll see it directly reflected in higher pressure at the gauge. The oil pressure gauge sending unit is installed downstream of the filter, so any less-restrictive oil filter will yield greater pressure at the gauge. There may be 1/3 to 1/2 a quart increased oil capacity as a result, so expect to put a little extra oil in the engine at oil change time.
Familiarize yourself with your oil pressure gauge before the change -- where the needle spends most of its time. Unlike some mods where you have to use your imagination to tell a difference, there's a a very obvious boost in oil pressure after changing to the big filter, which has to be a benefit for our high-revving engines. And it's a FREE modification, since the big filters cost no more than the shorty ones.