This is because the LEFT OUTER Join is doing more work than an INNER Join BEFORE sending the results back.
The Inner Join looks for all records where the ON statement is true (So when it creates a new table, it only puts in records that match the m.SubID = a.SubID). Then it compares those results to your WHERE statement (Your last modified time).
The Left Outer Join...Takes all of the records in your first table. If the ON statement is not true (m.SubID does not equal a.SubID), it simply NULLS the values in the second table's column for that recordset.
The reason you get the same number of results at the end is probably coincidence due to the WHERE clause that happens AFTER all of the copying of records.