In a word, yes...sometimes. A few years back, I purchased a handsome estate Chacom Carat (the Carat is one of their seconds) Dublin with a honey-colored acrylic saddle-bit stem. I checked, and found that the draft-hole in the bowl was centered at the bottom, and that, overall, the pipe was sound. Surprisingly, it had decent wood, too. However, it did NOT smoke well at all despite my experimenting with various tobaccos and packing methods.
I was about to consign this exercise in frustration to the trash, when I read an article by Rick Newcombe titled Your pipes should have an easy draw, which appeared in the Fall 1997 issue of Pipes and Tobaccos magazine. In it he suggests enlarging the draft-hole in the shank from the "standard" 3.5 - 4.0 millimeters to 4.1 - 4.3 millimeters. I used a 5/32" drill-bit, the same which he mentioned is used by Jim Benjamin, to enlarge the draft-hole in the shank and in the bit as well (both were undersized), and it made a world of difference!
This pipe now draws well, stays lit, does not over-heat, and has become one of my favorite "cheap pipes."