It might be including the system wads too. Try running
Title Lister and see how many titles show up.
You're right, it is listing system titles. It does list all 36 which are 8 system channels, 4 hidden channels, the twilight hack save game plus another save game with only a 3 letter code, don't know what that is, and the rest are IOS versions although title 35 is System Menu vers.1.34 using FW IOS30.
It looks like 34 is the standard number if you take away the two save games although it's impossible to run the Title Lister program without the twilight hack so a fresh formatted wii must have to have 36 titles as far as I can see. Those others on youtube must have said 82 and 85 titles rather than 02 and 05, I'll have to check again.
If anyone wants to check theirs just rename that title lister.elf app to boot.elf and load it with twilight hack. This is someone else's list that I googled to show you what it looks like on your TV when it runs.
CODEFound 62 titles:
1: Title=10004-524d4350 (game channel 'RMCP') FW: IOS36
2: Title=10004-52464e4a (game channel 'RFNJ') FW: IOS33
3: Title=10001-48415858 (downloaded channel 'HAXX') vers: 0.1 (1) FW: IOS35
4: Title=10001-48414a45 (downloaded channel 'HAJE') vers: 0.4 (4) FW: IOS31
5: Title=10001-48414445 (downloaded channel 'HADE') vers: 1.1 (257) FW: IOS34
6: Title=10001-46414b45 (downloaded channel 'FAKE') vers: 0.5 (5) FW: IOS9
7: Title=10001-48415045 (downloaded channel 'HAPE') vers: 0.1 (1) FW: IOS35
8: Title=10000-00555050 (savedata for '.UPP') vers: 0.10 (10) FW: IOS4
9: Title=10000-00494e53 (savedata for '.INS') FW: IOS33
10: Title=10000-525a4445 (savedata for 'RZDE') FW: IOS9
11: Title=10000-52534245 (savedata for 'RSBE') FW: IOS36
12: Title=10000-0055504a (savedata for '.UPJ') vers: 0.8 (8) FW: IOS4
13: Title=10000-5253424a (savedata for 'RSBJ') FW: IOS35
14: Title=10000-52374545 (savedata for 'R7EE') FW: IOS21
15: Title=10000-52593245 (savedata for 'RY2E') FW: IOS21
16: Title=10000-52385045 (savedata for 'R8PE') FW: IOS17
17: Title=10000-52424d45 (savedata for 'RBME') FW: IOS17
18: Title=10000-524c4745 (savedata for 'RLGE') FW: IOS21
19: Title=10000-52575345 (savedata for 'RWSE') FW: IOS21
20: Title=10000-52484145 (savedata for 'RHAE') FW: IOS9
21: Title=10000-52595745 (savedata for 'RYWE') FW: IOS21
22: Title=10000-52535045 (savedata for 'RSPE') FW: IOS9
23: Title=10000-00555044 (savedata for '.UPD') FW: IOS4
24: Title=10000-524d4745 (savedata for 'RMGE') FW: IOS33
25: Title=10000-00555045 (savedata for '.UPE') vers: 0.6 (6) FW: IOS4
26: Title=10008-48414c50 (hidden? channel 'HALP') vers: 0.2 (2) FW: IOS31
27: Title=10008-48414b50 (hidden? channel 'HAKP') vers: 0.2 (2) FW: IOS31
28: Title=10008-48414c45 (hidden? channel 'HALE') vers: 0.2 (2) FW: IOS31
29: Title=10008-48414b45 (hidden? channel 'HAKE') vers: 0.2 (2) FW: IOS31
30: Title=10002-48414750 (system channel 'HAGP') vers: 0.7 (7) FW: IOS31
31: Title=10002-48414650 (system channel 'HAFP') vers: 0.7 (7) FW: IOS31
32: Title=10002-48415941 (system channel 'HAYA') vers: 0.1 (1) FW: IOS31
33: Title=10002-48414745 (system channel 'HAGE') vers: 0.7 (7) FW: IOS31
34: Title=10002-48414645 (system channel 'HAFE') vers: 0.7 (7) FW: IOS31
35: Title=10002-48414741 (system channel 'HAGA') vers: 0.3 (3) FW: IOS13
36: Title=10002-48414241 (system channel 'HABA') vers: 0.10 (10) FW: IOS31
37: Title=10002-48414641 (system channel 'HAFA') vers: 0.3 (3) FW: IOS13
38: Title=10002-48414141 (system channel 'HAAA') vers: 255.0 (65280) FW: IOS13
39: Title=10002-48414341 (system channel 'HACA') vers: 0.4 (4) FW: IOS31
40: Title=1-25 (IOS37)ÂÂvers: 8.22 (2070)
41: Title=1-10 (IOS16)ÂÂvers: 1.14 (270)
42: Title=1-e (IOS14)ÂÂvers: 1.1 (257)
43: Title=1-24 (IOS36)ÂÂvers: 4.18 (1042)
44: Title=1-23 (IOS35)ÂÂvers: 4.16 (1040)
45: Title=1-21 (IOS33)ÂÂvers: 4.16 (1040)
46: Title=1-22 (IOS34)ÂÂvers: 4.15 (1039)
47: Title=1-1f (IOS31)ÂÂvers: 4.16 (1040)
48: Title=1-1e (IOS30)ÂÂvers: 4.16 (1040)
49: Title=1-1c (IOS28)ÂÂvers: 5.8 (1288)
50: Title=1-16 (IOS22)ÂÂvers: 3.4 (772)
51: Title=1-15 (IOS21)ÂÂvers: 2.5 (517)
52: Title=1-14 (IOS20)ÂÂvers: 0.12 (12)
53: Title=1-11 (IOS17)ÂÂvers: 2.0 (512)
54: Title=1-f (IOS15)ÂÂvers: 1.4 (260)
55: Title=1-d (IOS13)ÂÂvers: 0.10 (10)
56: Title=1-c (IOS12)ÂÂvers: 0.6 (6)
57: Title=1-b (IOS11)ÂÂvers: 0.10 (10)
58: Title=1-101 (MIOS)ÂÂvers: 0.5 (5)
59: Title=1-100 (BC)ÂÂvers: 0.2 (2)
60: Title=1-9 (IOS9)ÂÂvers: 2.4 (516)
61: Title=1-2 (System Menu)ÂÂvers: 1.33 (289) FW: IOS30
62: Title=1-4 (IOS4)ÂÂvers: 0.3 (3)