Dear Dr. Lee,
in our experience the performance on longer texts can vary greatly depending on the (type of) texts you are trying to compare and on the use case. The Text Similarity API has already been used for longer texts, with very good results.
We suggest that you experiment with it: a free account gives you 1000 daily units, which should be more than enough to perform some tests. Please take a look at the documentation, in particular the "bow" parameter, and try different values to understand what value gives the best results in your use case.
Let us know if you have any other questions.
Regards,
Roberto Santoro
Dandelion API team