Sorry, I can't compare the two because I don't own a Compact, but I did pick up a Midnight MiniChamp airport confiscation from ebay for $14 this week. I agree with the above post, that the MiniChamp with all of the blades is a little fat, and I'm not sure that I have use for several of the blades. I wish you could custom order the blades you'd actually like and use on a SAK. Also, the led light is downright pathetic compared to my Photons (although being used, it may be that the battery needs replaced). I do love the pen, scissors, screwdrivers, and ruler. Still, it is a very nice little knife, and as I've noticed with all of the Swiss Army knives, it appears to be very well put together. In truth, even though I question the utility of some of the MiniChamps blades, and find the light "iffy", I'm already very found of the knife. Also, I like having a Phillips, which I do not think the Compact has.