I think the only real problem is compressing wood this way is not fast and you end up spending near as much or more on this compressed wood than you would on many other materials. I still think it has uses but this isn't some new miraculous tech that's going to take over everything and replace stuff like steel which is pretty damn cheap. Wood in its natural form already has some of the highest strength-to-weight ratios compared to non-exotic materials, but it does still has drawbacks.
I am curious how much grain structure effects compressed wood's strength, because with traditional wood you have to either very carefully select your pieces and avoid knots in bad areas, or just super over-build a structure so that no single points are ever a failure point. Like a stud-framed house can use garbage wood because it really only needs like 1/3 of the studs to be a stable structure, the other 2/3rds are just convenience for nailing things to it and in being able to use crappy lumber without any skill or knowledge and still end up with a safe and stable structure. Versus something like a timber frame where there are critical beams holding things up that you don't want a big gnarly knot in the middle of a span.
Thankfully, lumber has developed not-imprecise grading methods that are tied into guaranteed load values that are tied into architectural plans (which themselves include safety margins).
I am curious how much grain structure effects compressed wood's strength, because with traditional wood you have to either very carefully select your pieces and avoid knots in bad areas, or just super over-build a structure so that no single points are ever a failure point. Like a stud-framed house can use garbage wood because it really only needs like 1/3 of the studs to be a stable structure, the other 2/3rds are just convenience for nailing things to it and in being able to use crappy lumber without any skill or knowledge and still end up with a safe and stable structure. Versus something like a timber frame where there are critical beams holding things up that you don't want a big gnarly knot in the middle of a span.