I like modern classical recordings on digital media. I do think they tend to be well recorded and mastered and have a dynamic range that is decent, compared to recordings done in the past and offered on vinyl. But, that is not to say that they are not compressed.
Compression is used for practical reasons, particularly with orchestral music. There would be almost no system that could really handle the full dynamic range and most people would not like listening at whisper quiet levels for most of the music in order to have the peaks not be at an overwhelmingly high level. I have a few CDs that were mastered without compression; they have warning labels all over the case and the CD because of the possibly damaging peaks if one played the soft parts at normal levels. Of course, anything without compression would be unlistenable in a car, so that would be taken into account when mastering a classical CD.
Compression is used for practical reasons, particularly with orchestral music. There would be almost no system that could really handle the full dynamic range and most people would not like listening at whisper quiet levels for most of the music in order to have the peaks not be at an overwhelmingly high level. I have a few CDs that were mastered without compression; they have warning labels all over the case and the CD because of the possibly damaging peaks if one played the soft parts at normal levels. Of course, anything without compression would be unlistenable in a car, so that would be taken into account when mastering a classical CD.