Sure. And there was a "trap for the yang players", as Dave says. When I use internal 50 ohm termination on my scope, the amplitude drops so significantly, that I decided, that I'm doing something wrong. But actually, I start to understand. I don't have a proper 50 Ohm BNC-to-BNC cable on hand, only various scope probes in my Tek pouch and they seem to misbehave (have incorrect impedance) even in X1 mode. Just because the probe has approximately 300Ohm resistance, it forms a divider and therefore the readout was wrong while both the scope and the gen were operating correctly. I simply didn't expect that from X1 probe! When I got a dodgy 50ohm cable with a BNC on once side and a pair of crocodile clips on the other and connected it to the scope that was 50 Ohm terminated internally, I got perfect signal with spot on Vpp. A good lesson for me: it's not your equipment, it's a lack of knowledge multiplies rush multiplies non-thinking-before-doing.