In reply to Greasy Prusiks:
Lark's foot knots weaken the anchor (because of the large angles the rope or sling turns - similar to using slings connected together with a large angle). The general rule of thumb is a lark's foot is half as strong as the sling used to make it. So long as you're aware of this and take the reduced strength into account then its fine.
I regularly use a larks foot to connect to trees - normally because doubling the sling around the tree wouldn't be as satisfactory (eg you need the extra length or you need to prevent the sling from slipping).
For a regular sling the strength of the lark's foot is still really high but using something weaker (6mm cord) as a single anchor or attacheing at a wide angle to to other anchors etc is probably something you should avoid if possible. Also lark's footing slings together weakens the chain especially dissimilar slings (eg dyneema vs nylon) as the thinner sling can cut through the thicker (ideally here use a carabiner to link).
In the context of an earlier post talking about lark's footing to a stake vs using a clove hitch then use the clove hitch with the knot around the back - it will grip the stake better than the lark's foot and not significantly weaken the sling (it is not normally possible to do this with a tree).
All that said if you're descending in a hurry from manky pegs in an alpine situation this is probably the least of your worries.