The debate was between 16/32/48/64-bit instructions vs naturally aligned 32-bit and 64-bit instructions + new more complex instructions that require cracking to regain code size (things like load/store pair).
> RISC-V defines a mechanism by which 48/64 bit instructions might be used, but currently none are actually defined
The long-instruction-SIG just started a few weeks ago, and they are working on defining 48/64-bit encodings for instructions that could be used in future RVA profiles (so with high perf implementations in mind). If you are knowledgeable about this stuff, please get involved, so they don't mess it up. (not "you" specifically, but in general)
A bunch of vendors have done high performance server chips which support compressed (Rivos, Ventana, some Chinese vendors), so in actual reality this was only a problem for Qualcomm. And that's only because Qualcomm bought Nuvia and they wanted to do the cheap thing (minimally change the front end) rather than the right thing.