I’m thinking of using a taxonomy archive template to list out my taxonomies and entries (I’m using a hierarchical structure) and then combining this with the WordPress pages module to apply static content to each taxonomy level.
Each level will essentially have its own page and will list either its children or entries (posts). The idea I had was to create a page with the same slug as my taxonomy and then assign the taxonomy archive template to this page.
Just wondered if anyone had done this before, or if its even possible.
Short answer : Yes its posible!
long answer: Not the best way to do waht you are trying to do, when i need static content to go along with taxonomy terms i use the terms description field and in case that i need even more i just add my extra custom fields to the taxonomy term, here is a nice tutorial add extra fields to WordPress Custom taxonomies.
this way the creation of the terms archive beacomes much more dynamic.