The official website doesn't sound too optimistic:I hope they are conservative with their 3-5h estimate and that the reality would be closer to 5h instead of 3h. 5 hours would be ok imo. Perhaps they can improve this aspect of it in any case. I agree with Shifty and probably almost everybody that with that amount of space and a low res display they should have done better.
Google translate of http://www.nintendo.co.jp/event/e3_2012/wiiu/index.htmlAbout 3 hours to 5 hours
※ battery life may vary depending on the brightness of the screen.
※ battery duration is an approximation. May be shorter depending on the situation.
※ By connecting the Wii U GamePad AC adapter, you can play while charging.
The recharge requirements aren't as vague, saying about 2.5 hours.
Have Nintendo's listing of battery life for its handhelds been optimistic or pessimistic? That should be a good indicator of whether actual results may be on the higher or lower end of the spectrum.