After I got my M I was testing the settings, looking around ML, messing basically, and I was struck/disappointed by the fact that after half an hour or so the battery would go to yellow/red, as in empty. So reading around, got that the LV is using so much power hence using it in the menus and/or LV will drain it fast, but I was still not convinced, I though that the battery and/or camera was broken.
So I did a simple test, with the help of ML, 32gb empty card, RAW file only, intevalometer, 5 seconds, GO.
Result: >50gb in 2207 pictures in a little more than 3 hours.
Now, that doesn't mean much since the LV mostly stayed on for less that 1 second after every picture, but for me I understood that the camera/battery are not broken at least.
Also I understood that using it on a simple workflow of: open, quick setting, picture, no preview (mostly), close, will serve me good enough.
For pros or far away from a wall plug, yeah, a second/third battery might be needed, and it's on my list also.