yes, finally worked out mine aswell, have the same question as to what are the other numbers mean, and also as does Nicks GTi (wantmygti) reading 95 degress from cold start, and reading between 77-80 degrees warm running. strange 
I've seen something like this before on a race engine. The temp sensor for the EFI system was in the head, so what happened was that when the engine starts, for the 1st few minutes the water in the head gets hot, and goes very slowly through the cooling system, through the little bypass hole in the thermostat, as the thermostat is closed.
So the head gets to 95 deg quite quickly. Then as the thermostat gets some heat to it it opens, and lets cooled water circulate properly, so the temp in the head actually drops. Strange, but true.
On a race engine this was a pain for tuning, so we moved the thermostat to the other side of the engine, but on road cars it was never a problem.
I haven't had a look at the GTI motor to work out where the thermostat is, but if it's on the top radiator hose then probably it's the same thing happening here.