In this paper we study the topic of signal restoration using complexity regularization, quantifying the compression bit-cost of the signal estimate. While complexity-regularized restoration is an established concept, solid practical methods were suggested only for the Gaussian denoising task, leaving more complicated restoration problems without a generally constructive approach. Here we present practical methods for complexity-regularized restoration of signals, accommodating degradations caused by a known linear operator of an arbitrary form. Our iterative procedure, obtained using the alternating direction method of multipliers (ADMM) approach, addresses the restoration task as a sequence of simpler problems involving L2-regularized estimations and rate-distortion optimizations (considering the squared-error criterion). Further, we replace the rate-distortion optimizations with an arbitrary standardized compression technique and thereby restore the signal by leveraging underlying models designed for compression. Additionally, we propose a shift-invariant complexity regularizer, measuring the bit-cost of all the shifted forms of the estimate, extending our method to use averaging of decompressed outputs gathered from compression of shifted signals. On the theoretical side, we present an analysis of complexity-regularized restoration of a cyclo-stationary Gaussian signal from deterioration by a linear shift-invariant operator and an additive white Gaussian noise. The theory shows that optimal complexity-regularized restoration relies on an elementary restoration filter and compression spreading reconstruction quality unevenly based on the energy distribution of the degradation filter. Nicely, these ideas are realized also in the proposed practical methods. The presented experiments show good results for image deblurring and inpainting using the JPEG2000 and HEVC compression standards.