Deals4Downloads.com [http://www.deals4downloads.com/] also started to track iTunes games. What I also like is that you can compare prices, too. Not that it really matters for iPhone or iPad games, though. :)
Certainly there are more than 500 old games around. Must be more like 5000. However, some of them are probably just too old. Hello Infocom. Also there are lots of abandonware sites around that offer this stuff for download as well. I don't know about there legal status, though.
I did another analysis based on monthly unique visitors which gives me a slightly different picture. While Steam still dominates with 50% there are quite a few others. Check the full analysis here: http://blog.deals4downloads.com/2010/04/07/market-shares-of-digitial-distribution-platforms/
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