Definitely. Right now I am playing with the rebound and compression settings. I got it back full soft and it felt like I was driving a late 70's cadillac.
Welcome to the boards!
FYI, most coilovers are going to be setup stock to be about 1/3 to 1/2 into the damping range of the coilover for its intended matched spring. Damping needs to be matched to the spring rate. Using less damping is often counterproductive as there is not enough damping force to manage potential energy put into the spring which will then tend to oscillate.
That's why spring rate is the primary dictator of ride quality.