This is true, especially on a thinner shell. Many think hardware mass makes no difference on a bass drum (for anyone who's heard it, I think our little 20" x 12" bass drum proves against that in spades). On a heavy shell, & especially if you muffle for a short head note, there is no difference. On a thinner or otherwise more resonant drum, it makes quite a big difference. Again, I'm referring to shell resonance = more prominent fundamental - the very voice of the drum, not length of head note/decay/sustain.
On higher end drums, the decision to use 8 or 10 lugs is based on a number of factors, although many view it as only a cost saving measure. Of course, on budget drums, it's purely a cost saving measure. On finer instruments, there's a hardware mass consideration as I described above, but there's also other factors. For example, stiffness/rigidity of hoop (a more flexible hoop requires more lugs to keep tuning even), how fine the thread is on the tension screws, & indeed, how low will the drum typically be tuned. Less lugs = better tuning retention at low tensions. Diameter of drum is also a consideration. it makes no sense to have 10 lugs on an 18" bass drum, just as putting 8 lugs on a 26" bass drum is probably not a great idea unless you've mitigated hoop flex issues.
Just some factors to ponder