"The search for perfect bass is futile, because if you want more you miss it and when you have it it disturbs you".
Yes - technically speaking low frequencies will mask higher frequencies. So what you gain in bass may turn out to be a loss somewhere else (usually in the midrange).
The worst form of bass is the impressive kind or "one-note-bass". This is your prototypical ported speaker with a high Q and a frequency response hump around 80 Hz. Extremely impressive (this sound sells speakers) but hardly musical.
IMHO, the only good bass is one that it is tight and dynamic with absolutely no resonance (critically damped). This will sounds like "less bass" to most people who have often been long exposed to one-note bass, however, you can actually hear more detail and articulation in the bass with this type design (instead of boom boom boom boom)