There are aftermarket alternatives for the SE comp problem. The upgraded version seems to work fine for about 20K-25K miles and then the lubrication issue, or lack thereof, reappears.
Hoban Brother, AKA Darhorse, has a replacement in the works but don't know if it has made it to the market yet. A guy named Richard K has a prototype that he has in the patent process but has made several on request. BDL has a replacement but the results I have read have no been favorable.
The Compensaver is an aftermarket solution that looks like it would solve the problem but I don't have any personal experience, nor have I read much about it.
Compensaver - Home
Another option would be to convert to a closed belt drive.
There is an extensive discussion on HTT on the problems with the SE compensator as well as DIY tips to address the issue. Quite a read but very informative.
SE Compensator