> Could that be used in a guitar amp as a compressor?
In radio AVC the signal frequency is far-far removed from the control frequency. Signal is usually half-Megacycle and control is tenth-second. The high-freq filters easily remove the control voltage from the signal. In audio compression the control voltage is a low audio frequency. Thump.
As you turn-down with large control voltage, current gets small and one half of the wave is clipped. In AM modulation, this does no harm: the tuned circuits round-out the other side the correct amount. In audio, we usually want both sides of the wave, and can't use narrow filters to fake it.
Audio AGC will usually require push-pull for distortion control and to cancel thump. This demands good matching between the push and the pull tube.
Since the signal and control are applied on the same grids different ways, you need an input transformer (or too-complicated equivalent). Since the output DC varies a LOT (often half the B+), you usually want an output transformer so the next stage isn't overwhelmed. Output signal is often small for low distortion and you want more gain after. And as said you need big control voltage so there's another amplifier (or a 2-purpose amp which limits many choices).
There was one, an Ampeg Bass amp? which used a push-pull pair in front of the power amp as a compressor. Maybe somebody knows what I am talking about.
The $49 boxes at the guitar store, or the Engineer's Thumb, do the job a lot easier.