The subwoofer Volume level (Gain) from the back of your sub (Polk PSW10), should be turn to about 1/3 of it's rotary knob position (about 10:30), or even 11:00 o'clock is fine.
Now in your Yamaha RX-V465 A/V receiver, the subwoofer channel level should be approximatively +/- 6db.
* The subwoofer channel level is the one that is also with all the rest of your speaker channel levels menu setup from your Yamaha receiver (Main L, Center, Main R, Surr R, Rear Surr R, Rear Surr L, Surr L, and SW). SW is the subwoofer channel level.
Like Adam said, don't use the Tone control at all; it has nothing to do with the sub level.
Make sure that your interconnect coming from the Pre Out Sub from your receiver is fully inserted in the LFE RCA In jack in the rear of your sub.
If your Polk sub has Left & Right Input jacks, you can use a Y short adaptor, with one end that has two males, while the other single end has the female jack. Then connect that Y adaptor in both Input channel jacks of you sub.
You should have plenty of sound. Also, make sure that in your Yamaha speaker setup menu, the sub is ON (engaged).
We'll wait till your next post.
Bob