Hard to say. I’d be willing to say no because if the pickiness of the iMac memory system.
can you measure RAM speed ? It would be a clue.
The way I understand it, the two don't necessarily correlate.
Dual-channel, or more accurately, memory interleaving, pertains to the memory addresses, with the controller treating different banks as a unified, contiguous bucket, not unlike the virtual volume of a Fusion drive. It is a characteristic independent of speed, and not a new trick.
In the OP's first example, splitting the matched Pairs 1 (FE) and Pair 2 (FJ) between channels A and B may have enabled interleaving, albeit at reduced speed.
In the second example, keeping Pair 1 in Channel A, and Pair 2 in Channel B allows them to both run at full speed, but doesn't necessarily indicate that interleaving is in effect, since the controller is seeing non-matched DIMMs between the channels, and not group them.
The real mystery with the '20 iMac is why the controller is dialing back the speed in conditions where the more tolerant '19 did not.
If it did not do that, the whole issue probably would have largely gone unnoticed, as no flags would have been raised, and most people would assume things were operating at optimum performance, except for those apt to run benchmarks to gauge effects from different configurations.