Yes, that's why I prefer to stay with my pouch on my belt.
As much as I would like to buy a fatboy, I still prefer to keep essentials (ID papers, money, car keys, PSK items, ...) in that pouch that I can only remove by removing my belt first....
OTOH, this pouch is somewhat "protuding" on my side and is akward when trying to sit down in a movie theater, for example... or any narrow armchair.

But with that pouch, I have no fear to forget it someplace, in an emergency.

For bulkier items, that waist pouch is complemented with various backpacks, according to circumstances (daily work, strolling in the city, a.s.o. ...).