How many of those wins are against top ten opponants? And notice BJ Penn is not on that list. Fighters records are not simply black or white, its mostly about who you fight the circumstances surrounding it.
At the time or were once there?
Menne - UFC champion
Hughes - UFC champion
Trigg - 1# contender
Sanchez - Top 5
Johnson - Top 10
Lytle - Top 10
Daley - Top 10
With Hendrick's that's going to be 8, I think his last dubious opponent was Yoshida in 2008 so it's not as if he's been crushing cans. You look at some of the names Tito and Anderson beat over the years and they aren't exactly all time greats.
Also this notion that wins don't mean much how many guys in UFC history with 12 wins are automatically not Hall of Famers?
And BJ would be on that list he has 12 wins, I pretty much just stopped at 12 because I didn't want a list of 30 guys.