Yes, the compact is definitely a way to get around the current system, not to overhaul it (which it desperately needs but would require 2/3 approval instead of >50% of the electoral college). I agree that if we are able to get constitutional amendments on the table, we should be looking at ranked choice or approval voting systems! But one of the big issues right now is unfamiliarity with either of those systems, and a lot of familiarity with popular choice. That's why it's so important that the many, many local and statewide initiatives for ranked choice get support!