If done outdoors, I don't see a particular problem. Any glass in compacted trash is likely to get broken, and much of the mercury will dissipate into the air before it goes into a landfill. The quantities involved are really tiny in any case.
I would not want to make a job of smashing thousands of fluorescent tubes daily in a poorly-ventilate 10'x10'x10' room, but for people without unusual mercury sensitivity a one-off exposure from a broken bulb isn't going to be particularly harmful.
I agree. We often tried to get a little of the mercury that was still metallic in the tubes. They used a lot more in those big eight foot tubes than they use in CFLs... and Mercury wasn't as expensive back then as it is today. I used to have a medicine bottle filled with Mercury that I had scavenged from broken thermometers and from those tubes. Each one might have a 1/32nd to 1/16th inch bead still left in it unevaporated. My point on this thread is that incidental exposure to Mercury is not dangerous... and the amount in a CFL is really small.