Yes, that's for sure. Coil gunk and it's mass/insulator are a far more significant factors. Just to say that distillation is occurring should not be confused with saying that it happening in a significant, tasteable, or even measurable, way, at least within a few ml
tank. Now a 20ml Modfather? you might be able to measure the effect on that.
I've found that running a
tank a long time with many refills at ~20% remaining and finding over time that the liquid does thicken and dumping it to wash the
tank at that point. So it's not completely insignificant.