I thought I'd throw my opinion in here. I have had a few SP4s, and a SP2. I have to say, 5-6 hours of mixed usage is about my normal battery life with CPU limited to 100%. Then, when I limited to 50% (for word, video, browsing the web in 4-5 tabs, youtube, you know, simple stuff) I get 8-9 hours of mixed usage. So, all in all, I'm pretty happy. I just look at this ultra thin ultra powerful device. I can't compare this to a laptop because a laptop is thicker and has more room. But it is laptop internals incarnated in a tablet body! So... Even if it were limited to 5 hours, I think 5 hours for this form factor is good! But luckily, with minimal tweaking (literally, all I did was max CPU 50% for a new power profile) and I get 8-9 hours of mixed usage (like I mentioned above).
Hopefully MS can tweak their own profiles and limit the CPU for simple stuff, and max it out when it gets to more demanding stuff!