I suppose it's worth trying, but I have a nagging feeling I'm doing something wrong here. Adding text isn't supposed to be difficult, so why does it seem to be? If the problem is the sheer amount of text clips, how are ordinary subtitles done?
*15 minutes later*
I think I've found my problem, I simply couldn't see the obvious answer: there is a separate button for text and subtitles. Text button creates a text clip that can be dragged to the timeline while subtitle button allows you to make subtitles without generating huge amounts of extra clips to worry about. From the looks of it I lose the ability to turn my texts into fancy angles, but that's about it, so intro's etc aside there's no reason not to use subtitles instead of text. I'm not really sure why these are two separate things, but now that I've figured it out I don't really care so long as it works.
Basically, I'll need to test this, but seems like I just solved my problem. Thanks for the help and hopefully someone notices this before doing the same rookie mistake as I did