Yep!
I was at a bass clinic and had the chance to play the artists bass. It was a fantastic Mike Lull bass running through a really nice sounding rig. When I played it....it sounded JUST LIKE MY BASS. There was no magic in the bass, it was in the fingers.
Reminds me of this video where John 5 plays a Hello Kitty toy guitar:
That's great! Though I have no idea who John 5 is. (Old man voice: "Why is his last name a number??")
I'm not a "tone is all in your fingers" kinda guy. I mean, yes, there IS tone in your fingers, obviously. But different rigs have different tones. That's part of the equation.
There's nothing particularly "special" about how the great players have their instruments set up. No magic. They have it set up to accommodate a sound in their head. And they are set up well/correctly. But other than that, it's lotsa lotsa lotsa practice and self-evaluation.