A battery life of 4 hours doesn't sound okay, my 2013 MBP lasts longer (original battery).
But even so, 2 hours of my usage, in pretty much every mbp I owned (and I had a few) always depleted minimum 25% of battery. (maybe the websites I use are more draining that simple static ones?) And we are talking about 4% now with this one. No matter how you dice it, it is still a big difference.
quick edit: it has been 2.5 hours right now since I unplugged it. Browsing Reddit and Hacker News, Whatsapp and Slack applications. 5% of the battery has been used!
As soon as the last kinks are ironed out for M1 there's no reason imo to use the Intel Macs ever again.