Yes it does, and sounds like something we might record DI .. levels always seem low at first on live tracks, but easy to fix.
I'd suggest the effects you hear were used on the way in on the original track.
The bass player dials in a sound and you get whatever effects he used.

FWIW I hear plenty of noise on the bass, but it's waiting to be coaxed out of the track <grin>
Like Mac used to say, recording a live bass should sound kind of like working on a Buick in the garage .. all kinds of metallic noises


I do not work here, but the benefits are still awesome
Make your sound your own!