Thanks for the reply. I have been using audacity for quite a while and very much enjoy it. Your comment about the left check box solved the amplification issue. Unchecking both boxes solved the problem. This was an installation on a new computer, and it has been a long time since I have have dealt with these check marks, so I had forgotten about them. My reason for using the compressor is to reduce the volume on some of the peaks so as to avoid clipping.
About the distortion on the delay. My values are 3 echoes with a delay of .07, just enough to take the dryness out of the voice of the lead singer. What seems to have changed in the 2.0.2 edition is that the echoes seem more exaggerated. If you look at Delay level per echo, near the top of delay settings, the range on 2.0.2 is -30 to 1(a standard setting of -6 is 3/4 of the way to the right on the slider). On the old 1.3.13, the range is -1 to 24(a standard setting of 6 is 3/4 of the way to the left on the slider). If I put the sliders of both in about the same position(3/4 to the left) the sound results are the same, but the numbers would read 6 on the older version and about -22 on the 2.0.2. I assume that they switched positive values for negative ones, but it seems that the same number in 2.0.2 gives a huge boost to the echo effect.