Baggage compartment load...
Like the man said, it is all about weight and balance. Do a spread sheed and start juggling the numbers. Heavy pilot, light passenger, light pilot solo, full fuel, minimum fuel. Watch the recommended C.G. range closely vs. the max gross weight. You can certify the gross anwhere within reason.
When Jon Johanson modified his RV-4 to become a world-rounding airplane, he had to get Van to sign off on a gross weight that is 30% over the recommended gross weight. That was because of the aviation regulations in Australia.
I did all the weight a balance numbers for my RV-9A with an O-320 with constant speed prop, and found I could still balance the airplane at 2000 pounds, which is 14% over the recommended gross weight of 1750 pounds. I flew the airplane to Oshkosh in 2006 loaded to the max with me at 240 pounds, another 180 pound pilot in the seat beside me, and 130 pounds of stuff in the back, stacked to the canopy, plus full fuel. It took off more like a Cessna 172, but cruised like an RV. If you go for a higher gross weight, you should also placard your airplane with two sets of V-speeds.
As for the ultimate load in the baggage area, not while flying, I have placed a board across the baggage floor and stood up there many times during construction, and after. I weigh in at 240 pounds.