#1 As of now, there isn't a specific ETA to support BR compression in APIM policy. I see similar feedback https://feedback.azure.com/d365community/idea/901e3826-0225-ec11-b6e6-000d3a4f0858 expressed by other customers as well and passed on your feedback internally with our product team for review.
#2 Currently, APIM utilizes CompressionLevel Optimal
with GZipStream and it is not possible to change (or configure) compression level right now. I acknowledge this is a good feature to have and would like to understand more on the use case/scenario.
I hope this helps and let me know if any questions.
If you found the answer to your question helpful, please take a moment to mark it as Yes
for others to benefit from your experience. Or simply add a comment tagging me and would be happy to answer your questions.