I don't like it....

I think there is a setting in the display options for turning things off. I have never actually looked but I read you can change the opacity or something.

Go to game play options {where you save and load game section and so on}..

Where it says HUD Bring it down all the way to the bottom..Your Compass should be not there any more..

Enjoy..

Settings > Gameplay/Display > HUD opacity *Scroll all the way down*

Your welcome.

Absolutely turn off the HUD... the game is much better with no crap on screen. No HUD is not nearly as hard as it sounds..

see link for more info... http://www.gamesas.com/index.php?/topic/1275742-much-better-playing-with-no-hud/page__p__19298654__hl__much+better+playing+with+no+hud__fromsearch__1#entry19298654

I've been playing since the start no HUD. It is a great way to play the game. I'm really glad they added this feature.