I'm not a Harley history expert by any means, and this is just a re-statement of what I have read.
Through the 88 ci engines, the original compensator was adequate to handle the loads put on it either by the engine or the starter. With the advent of the 96, the torque applied exceeded the design limits of the compensator. Depending on the luck of the draw, it was inadequate from the first start and made the infamous starter bang when engaging the starter and would eventually rattle when driving down the road. If you were lucky, the factory comp would run some distance before the standard symptoms would begin to show up. People would say the comp had been "beaten to death" as it ran out of travel and banged into the stops over and over again. My personal theory is that this also contributed to some of the crankshaft problems people were experiencing.
Now that the new compensators are accumulating some miles, there are design weaknesses in it also, but they are different from the previous design. The spring stack on the new comps is so stout, I can't imagine ever bottoming out the springs, even with a highly modified engine. Getting adequate lubrication into the moving parts in the hub seems to be a problem and the interacting parts have a tendency to fret. Besides the wear in the hub, the cam drives three spokes on the sprocket. The strength of the springs which make this comp able to handle all the power thrown at it press the cam faces against the spokes so forcefully that there is a tendency for lube to be squeezed out resulting in metal to metal contact and accelerated and uneven wear. Many owners are trying shade tree modifications in an attempt to improve the ability of lubricant to get where it is needed. I have heard nothing about the factory getting serious about any design changes. The thrust washer has been changed from a fiber material to a plastic piece, but I doubt this will address all of the issues.