I usually solve the iTunes problem simply by selecting all the songs, getting info [command-I], and

1) filling in a name for the album "Slosh's 2009 Year End Comp" for example
2) Identifying it as a compilation by checking the box.
3) Quickly renumbering the tracks.

It takes all of 5 minutes and then you have an Album that works like an album in iTunes.

minor hassle, sure. but not a deal killer. imo.