Hi Clint, know what you mean, CL compresses even when set to just limit -> my opinion.
Only using it for parallel compr, it's great for that I think...easy to set.
Never on masterbus, will take some life / make it sound flat a bit.
Would set any limiter on masterbus just to limit, set 2 pre-masterbusses, 1 all dry and 1 with CL, effects etc.
Blend them to masterbus and leave good portion dry, dial in compr in the CL bus to taste.
Just writing what I would do...hope it helps