In another app, I like the fact that it shows link lists similar to your compact view, but it still shows the link notes below a link. Could you change Compact view to also show link notes? You could also make this another View option, of course.
It is important that the notes are shown *below* the link and are *multiline*, so I can read them fully. The links itself should still be single-line and displayed with favicons only (basically, keep everything else as Compact view is right now!).