Not really, it requires everything to be recompiled, which takes a few weeks assuming you have access to the cluster of RISC-V machines required to do it. We (Fedora) have rejected one platform already that wasn't going to support the compressed extension.
The whole toolchain just makes this assumption, and we want to build it the same way Fedora is built for other arches. Plus we're expecting server-class RISC-V hardware soon enough, at least comparable to ARM servers.
