Earlier quoted context omitted.
Doesn't decompression imply that there is some extra latency?
No, it is just part of the regular instruction decoding. It is not like it is zip compressed. It is just 400 logic gates added to the decoder… which is nothing.
Completely aside, compressed instruction hurt in a completely different way: as specified RISC-V happily allows instructions to be split across two cache lines, which could be from two different pages even. THIS is a royal pain in the ass and rules out certain implementation tricks. Also, the variable length instructions means more stages before you can act on the stream, including for example rename them. However a key point here is that it isn't a per-instruction penalty, it a penalty paid for all instruction if the pipeline support any variable length instructions.