Horrible comparison.
* For one, choosing a "random laptop off of Dell's small business" is not the equivalent of a MBP.
* Second, your choice of power benchmark is ridiculous. FTA: "Before we mention the battery life of the Precision M4600, it's important to point out that our review unit came equipped with the Intel Core i7-2920XM Extreme Edition processor." And based on the source's graph[1] they are dead last by a significant amount. Are you sure you chose this "randomly?"
* Third, choosing a laptop slightly more comparable, hell, even if it's not as comparable, will yield significantly better battery life. The ThinkPad Edge [2] ranges from 7.4-5.7 hours; The T series can go up to 16 hours on a 9-cell battery [3] and the X series with up to 23 hours.
* As for price, Lenovo is near the same price range at around $179/9-cell battery.
The word "exorbitant" may not be completely qualified here, but the prices are neither decent nor cheap.
[1] http://i.imgur.com/Ucep7.png -- Don't want to take their bandwidth.
(Shortened lenovo links below since they were really big. No referral nonsense in there, I promise.)
[2] http://lnv.gy/N0mufz
[3] http://lnv.gy/cVtbKt
[4] http://lnv.gy/dBYhVr