so this isn't a thematic-related question but i'm wondering if anyone has any opinions on using a custom taxonomy versus post meta for a mutually exclusive categorization such as "status" where I want to restrict the possibilities to 1 of 3 choices: featured, normal and excluded.
i've got it completely worked out w/ a taxonomy, hiding the UI, and replacing it w/ a metabox. i'm just wondering if post meta would be a better option, it probably would have been simpler. now we can query posts by both, so is there any performance difference between the two query types?