I'm not the author, but it seems like you're certainly right. Here's an example from the wiki page about how a single-pixel camera utilized notions of compressed sensing: http://en.wikipedia.org/wiki/Compressed_sensing#Photography
I guess applying compressed sensing techniques would mean making assumptions about your image which allow you to fill in some of the blanks created by the incomplete angle and position coverage (i.e. the fact that the system is underdetermined). If you could somehow assume a certain redundancy, you could probably make guesses about what goes in the spots that didn't get well-covered.