Well Pharaildis its not quite as black and white as you make out, it would appear the majority actually want the compass to have an on/off option no-one is asking for it to be removed as we understand people like yourself enjoy the compass and prefer it in its current state, however for those of us that like to find our own way to things following quest discriptions its a right brain ache as if we turn it off there's no quest discription at all so we have no idea where it is.
what is so wrong with allowing an on/off option and adding more quest discriptions in so we can find it? its a real shame as the world is so huge and there is so much to see and this would really propel that into the forefront and being side-tracked is brilliant when you see somewhere you wish to explore and (your choice ofcourse).
on/off siwtch and more quest discriptions, Oblivion suffered this problem and now Skyrim Beth should listen to the hundereds of thouasands of posts/threads that have gone up about this.
If you have the PC version, you can turn it off in SkyrimPrefs.ini
but as a said theres no quest discription sooo....yeh.....