I always used compact view in Nautilus because I hate big icons and the list view doesn't let you extract archives conveniently by dragging and dropping files onto the free space (because there's no free space!) and it generally looks slower when scrolling.
Now they have removed the Compact Mode in new Nautilus:
and that guy says:
There is really little difference between compact mode and icon mode with labels on the side. Well, except for that that horrible horizontal scrolling.
So the question is then: how do I make icon labels on the side?