Bob,
I have to dispute your statement that the bushing-type compensator does nothing more. It does one additional thing: being a very loosely made drop-in part, it adds lousy bushing fit into your accuracy equation. With the inner journal recessed both from the front and from behind, even if it were made tight enough for reaming there would be no easy way to cut the lock-up relief angle into it. All-in-all, an unacceptable compromise.
So, of course, I was dumb enough to buy one of these things 20-odd years ago. Probably paid $5 for it at a gun show. I am torn between puting it in the trophy case of stupid purchases, or offering it to someone at the world's most popular price, plus shipping. If there are any takers, PM me, but I warn you it is a waste of postage. Unit comes complete with accumulated dust.
Nick