...the op said he was turning the compass off. And you're saying that the markers still show on the map and I can keep the rest of the hud?
whoops. Double post. Let me clarify. Is it possible to JUST turn off the compass and not the rest of the hud or the map markers? Edit: I see the op is on PC. I'm console.. I think our only option is hud or no hud. We can turn off quest markers but then there is often no way to know where to go.
Unfortunately on a console your choice is HUD or no HUD (or turn the HUD down so you cannot see it very well, but that doesn't work well for me). There is no way to turn just the compass off on a console.
If you leave the HUD on, you can turn quest markers off, but you still get the icons and enemy red dots on your compass and you have got no way to know where you are going most of the time due to inadequate in-game directions. One solution for folks who like to explore is to turn quest markers on just long enough to do a map check and then turn them off while you explore.
If you turn off the HUD, you can leave quest markers on and either use Clairvoyance or do periodic map checks to figure out where you are going. The drawback is you loose your status bars and all on screen text if you turn off the HUD.
Instead of more kill cams (or in addition to them), I really wish the DLC would give us better options to fine tune the HUD because there are a lot of folks playing on a console who would like to enjoy the benefits of going HUDless without loosing the status bars.