As you said the real answer is "it depends on what you want to do". If you just want to display formatted data (and you have few security worries and not too much bandwith requirement) you could consider HTTP::Daemon.

If you want a quick display of data it is the business. I run it on Windows machines (it just requires Perl with no need for Apache or IIS). In addition the resulting web servers generally run on Linux without needing any modification.

Merylyn has written some really good articles about using HTTP::Daemon.

Of course if I am serving up lots of pages, or crunching lots of data, or worried about security then I would go with LAMP. Personally I think that setting up a web server on Linux is much simpler than a Windows one, there are lots of good books out there (of course this could be because I have been using Linux for some time).