Hey Scott,
I was eyeing the engine bay spot as it's the only clearly large enough space left in mine. However, since it hovers near the exhaust (headers in my case), I'm leery about the heat exposure, plus it's gonna be hard to reach underneath my relocated W/W fluid reservoir. Since I didn't mention it, you may not have realized it was there, though, which cuts into the space.
I'm running an eLocker in the rear I'm happy with and no plans for ARB lockers, so the compressors are really only aimed at airing tires. I don't want to have to think twice about airing up or down after the "incident" (see Crash Tested link in my sig line.)
I see where the Aussies offer a bracket to fit one under the drivers seat. Not sure that would work under a US-spec drivers seat, though. Also, pretty sure no rear heaters in most Down Under spec 80s. I use my rear heat and don't want to delete, but if the compressor would work under a left hand drivers seat, that is interesting.
The right rear quarter panel is tempting, but requires either the now-Delta VS bracket or some fab skills to DIY one in. I've got #6 cable back to nearly there running to my new Bluetti Charger II behind the passenger seat is already in place, so a few more feet to the rear fender to power the compressor would be easy.
Truck is back in the shop for final cosmetic repairs , but planning on checking the potential space in my ARB bumper when it's out in the next few days. I picked up one of those All-Top air-up/air-down gauge and hose kits, so having the compressor centrally located in the bumper would obviate the need for extra plumbing to an outlet chuck.