The cord is attached to the quick\link with a figure 8, clove hitch to equalize the system, tied that off with a trucker's hitch to keep the clove from slipping, and backed up with a mule knot (can't see in the photo, but the mule is attached to the webbing with a biner also).
1st rap station as of July 15, 2012 - we added 2 nuts and a rap ring, replaced webbing, and equalized. The pins and old deformed/ovalized rings are pretty scary.