Sounds like a fair criticism to me; no need to sugarcoat it, you won't be doing others any favors. The real rub is that Android 4.4, the Snapdragon 800, and single path radios are all hailed as being the most energy efficient in their respective classes. Makes you wonder what's drinking all the juice.
Personally I find it to be a little worse than my EVO LTE, which some may find as odd considering the SVDO and smaller battery, but all in all the Nexus is a great device.