The 722 according to its FAQ uses about 1 amp of power (7.2 volts) when running full-out to a hard drive. That means that with the largest camcorder pack (NP-F960) it can record about five hours. In energy terms that pack is equivalent to about 12 high capacity NiMH AA cells. This is tolerable but not great. Use of the L-mount camcorder batteries was a very good choice though. What would really be neat would be using two of them, like the Thinkpad 235 notebook computer did. First of all that would let you record for ten hours with no swaps. Second, you could hot-swap, i.e. change the batteries one at a time while the recorder is still running, so you could record nonstop for an unlimited amount of time, given enough batteries.
Also, the 722 doesn't support FLAC format, which just seems silly, since one of its recommended modes is recording to CF instead of HD. It's like these companies are afraid of FLAC because it's a free program. Maybe they can fix that in a firmware upgrade.
As for using a laptop, yes, it gives lots of recording flexibility. The price for that is in size, fragility, complexity, power consumption, and speed. To use a 660, plug in the mic, turn the 660 on, and press the record button. To use a laptop, plug the SPDIF card into the laptop unless you're ok carrying the laptop with the card blob sticking out, plug the mic into the external pre/a-d, connect the a/d to the SPDIF card with a cable (fragile connector defeats the purpose of using XLR's on the mics), turn on the a/d, turn on the laptop, wait forever for the laptop to finish booting, log in to the laptop, launch some application and wait forever for it to come up, and finally you can record, maybe for 4 hours tops on a $100+ laptop battery pack (vs $30 for an off-brand NP-F960 pack on the 722, or $10 worth of NiMH cells in the 660 to record 8 hours). The external a/d in some cases needs batteries of its own that you have to keep changing. Plus of course you've got a cumbersome rig with all these components cabled together, that's sort of an attention magnet because it's an open laptop (I'm not trying to do "stealth" but don't want to create needless visual clutter). I do think of using a laptop and might try it if I get a good a/d (Core Sound etc.) but the drawbacks (see above) are nothing to sneeze at. A dedicated unit is a lot nicer. If I win the lottery I'll certainly look into buying a 722.
I like to think that as flash memory gets cheaper (the Ipod Nano is the result of Samsung supplying Apple with flash chips at about 40% less per MB than the rest of us can get it for), hard disk recorders will become obsolete. A 24/96 FLAC recording should use about 1.2 GB/hour and a 24/48 recording about half that. An 8GB CF card will probably be below $200 within a year or so (based on the Ipod Nano breakdown) and will hold 6+ hours even at 24/96.
Heck, it would be nice if 722-class machines had a USB 2.0 high speed host port to allow dumping files directly to a DVD burner without an intervening computer. A notebook DVD burner is very compact and should easily fit in a carrying case with a 722.