Yeah, but you can use those Makita batteries to power a lawn mower, or a microwave! (I'm not joking) (specifically 18V; there's also a smaller hand drill from Makita with 12V batteries that I have too)

My take: The situation could definitely be better, but it's also pretty nice compared to the NiCD days of 20 years ago.

Caveat: I only just got in on the battery powered tools game in the past 6 months. I went corded for a long time after being burned too many times as a kid wanting to use dad's hand drill once every several months, and the batteries being dead.