More compact view please

I think most of us would like to see a more compact UI, or at least the option to make the view more compact.

One small example, current layout and proposed compact version. Note that one can’t even see a 9-track album listing with current view:

But it can be done:

And this panel at the bottom is wasting a lot of space and provides zero value (from my point of view). Perhaps it could be at least removable?