Is that strictly speaking true? I read else-where that it would be perfectly adequate but don't have the technical expertise to work it out myself
Perfectly adequate is a very subjective statement.
I assume that Apple are waiting for the improved IGB in Haswell to put retina screens across the rest of the range. Don't forget that Intel's HD 4000 runs quite a bit slower on the ULV CPUs in the MBA than on the full voltage CPUs so you may have read about improvements to the HD4000, but they don't really apply when talking about the ULV CPUs.
Anandtech.com said:As far as Ivy Bridge goes, HD 4000 can offer relatively competitive performance, but it looks like it needs 10-15W just for the iGPU to get there. On a 45W TDP part, that’s no problem, but with ULV it looks like Ivy Bridge ends up in an area where it can’t quite deliver maximum CPU and iGPU performance at the same time. This generally means iGPU clocks will be closer to 1000MHz than 1150MHz, but it also means that the CPU portion of the chip will be closer to the rated clock speed rather than the maximum Turbo Boost speed. One final item to keep in mind is just how much performance we’re getting out of a chip that uses a maximum of 17W. ULV IVB isn’t going to offer gaming performance comparable to an entry level graphics solution, but then even the low-end discrete mobile GPUs often use 25W or more. Cut the wattage in half, and as you’d expect the performance suffers.
So how much faster can we get with ULV chips, particularly with regards to gaming? Intel has a new GPU architecture with Ivy Bridge that represents a significant update from the HD 3000 iGPU, but they’re still trailing AMD and NVIDIA in the graphics market. Their next architecture, Haswell, looks to put even more emphasis on the iGPU, so at least on higher TDP chips we could very well see as much as triple the performance of HD 4000 (if rumors are to be believed). How will that fit into ULV? Even if ULV Haswell graphics are only half as fast as full voltage chips, they should still be a decent step up from the current full voltage HD 4000 performance, which seems pretty good. Too bad we’ll have to wait another year or so to see it!
As the for battery, check out iFixit for the tear down of the new RMBP. The new battery is massive compared to the old shape MBP. It's 95 Wh vs last year's 77.5 Wh.
The iPad also had to increase in size for the new battery and they added quad core graphics to make it all work smoothly.