svn update not working?

[macubergeek <macubergeek () comcast net>]

Hello list
I'm running msf3.3 on Mac OS X Snow Leopard
I downloaded the tarball and ran svn update and when I launch ./msfconsole I get:

       =[ metasploit v3.4.1-dev [core:3.4 api:1.0]
+ -- --=[ 190 exploits - 36 auxiliary
+ -- --=[ 106 payloads - 17 encoders - 5 nops
       =[ svn r9325 updated today (2010.05.19)

msf > 

Why is it showing 190 exploits when I hear that ms is up to 500+ exploits?

JimK
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