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The TV signal looks perfect (since, according to their claims, it's not compressed)

That's sounds like bollocks to me, it'll be compressed somewhere along the line, I don't care how much capacity they're getting on those fibre, there are only so many 1.485 Gbit/s signals you can get down one fibre.

I probably heard wrong, but I was under the impression that they weren't compressing beyond what the networks were sending out. I only heard it on DL.TV, though, and they're inaccurate fairly often

Regardless, to my untrained eye, it's far less compressed than DTV.

That's sounds more like it. However, it'll still be compressed to buggery.