Yes.
The TBR list that I count is those books I intend to read at some point. It includes books I have bought (or gotten for free from somewhere) and books that I intend to acquire in the very near future (paid or from the library). I don't include sequels that I own where I haven't read the first book yet though. I also don't include MANY of the free books I got when I first got my Kindle. I went a little overboard and grabbed anything remotely interesting but upon further review I am unlikely to read many of them so I don't count most of them. I do keep a list of all the books I own though just in case I do feel like something different at some point.
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