I have no experience with the newer Bose Compact, but thought I would let you know that I use the Bose L1 Model II with Double Bass and the ToneMatch Audio Engine. I paid about $3300 US - very pricey, but... incredible sound in a small footprint. Easy to transport and quick to setup. Audience members and resort managers are amazed at the sound that comes out. I have gotten recommendations and referrals for a number of reasons - one of which is because of the small footprint me, my Motif, my singer and the Bose require.