You are correct, that was part of my reasoning. Though I generally view compression support in a file system as an unfavorable feature for various reasons.
One of which is for performance for a workstation scenario. If I have all cores running at high utilization, I'd rather they be working on whatever processes I've requested instead of trying to compress data for writing as well. Space is cheap at that scale.
Admittedly, that is for my own, personal usage. In a data center with a lot of rarely touched, and ever rapidly increasing amounts of data I would strongly consider compression.
My other distaste for file system compression is that it adds another layer of complexity to overall storage. If something goes wrong, compression does not make things easier in terms of recovery. At times it completely kills it.