I have run into a bug with the new foot slot and the bandoliers that were recently sold at the premium fest:
Note: I have five daggers

>> put look in my bandolier
In the leaf bandolier you see a throwing dagger, a throwing dagger, a throwing dagger, a throwing dagger and a throwing dagger
>> west
You go west.
>>wield dagger
You find it difficult to wield the dagger, as it is lying at your feet!
>>get dagger
The throwing dagger slides easily out of the leaf bandolier. Strangely, the bandolier doesn't seem any less full.
>> west
You notice a steel throwing dagger at your feet, and do not wish to leave it behind.
>>lower ground
You lower the dagger and place it on the ground at your feet.
>>west
You notice a steel throwing dagger at your feet, and do not wish to leave it behind.
>>stow dagger
The throwing dagger slides easily out of the leaf bandolier. Strangely, the bandolier doesn't seem any less full.
The throwing dagger slides easily into the leaf bandolier. Strangely, the bandolier doesn't seem any fuller.
>>put get dagger
The throwing dagger slides easily out of the leaf bandolier. Strangely, the bandolier doesn't seem any less full.
>>put drop dagger
You drop a steel throwing dagger.
>>put get dagger
You pick up a steel throwing dagger.
>> west
You go west.
>>stow dag
The throwing dagger slides easily into the leaf bandolier. Strangely, the bandolier doesn't seem any fuller.
>>get dagger
The throwing dagger slides easily out of the leaf bandolier. Strangely, the bandolier doesn't seem any less full.
>>drop dagger
You drop a steel throwing dagger.
>stow dagg
The throwing dagger slides easily out of the leaf bandolier. Strangely, the bandolier doesn't seem any less full.
The throwing dagger slides easily into the leaf bandolier. Strangely, the bandolier doesn't seem any fuller.

In summary:
1) Weapons in the bandolier cannot be wielded since the game believes it is in the foot slot. You can move in this circumstance.
2) Weapons retrieved from the bandolier prevent movement as if they were in the foot slot even though they are held in the hands. Weapons that are dropped and then picked up do not do this. I also tested a weapon lowered to the foot slot and picked up (not in the log above) and it does not prevent movement.
3) Weapons lowered (or thrown and looted) into the foot slot behave as if they were in the bandolier when you stow them.