I've been running Mobil 1 Synthetic ATF for quite a few years, and I posted about it a few times over those years. Clutch drag is almost non-existent even on a cold start, where I can start the engine, pull the clutch lever, wait a few seconds, and shift to first with no noise. Finding neutral is never an issue. ATF is specifically made to work with wet clutches in an automatic transmission, so it make sense that it should be good for a wet clutch in a Harley. As for the concerns about wear, ATF has been used for a long time in some automotive manual transmissions and all wheel drive transfer cases. I can't speak to the late model compensator, but since it doesn't exactly last long even with gear oil like Formula +, why not try it and see? As long as the bike has the latest version with the tray to direct oil directly to the comp (or the built in ribs in the outer primary cover), I wouldn't be surprised to see it works just as well as Harley's motor oil.
Jerry