Yes, most bass sounds I like in a live situation are not very bassy at all. I think most basses and amps are designed to get maximum BASS, and that does work for a lot of music as long as you're not too loud, but for pop, rock, metal etc. it just makes everything muddy
I've tried explaining this to several bassists and they just look at me with a blank expression. The knob on the amp says bass and you're playing a bass, so you turn that knob up - logic!