The reason the high dex TWF rogue can often be a trap is because Rogues have such low HP and AC that standing next to a bad guy long enough to get off a full round attack is often asking for death the next round.
You can still play it, you just have to be extra careful and really only close in when the guy is one hit away from being killed. Which might make you feel like your combat contributions arent pulling their weight.
That said, there are still ways to play that style of character, especially around level 12.
The conventional wisdom is that playing a rogue archer is simply sub-optimal. And generally that is true. 3/4 bab and no feat help. BUT, remember that at level 8 the scout archetype gets to sneak attack every time they move, which you can combine with a vital strike (at 9) to do a decent amount of damage while still remaining mobile. You wont be winning any DPR competitions, but you'll be contributing. And when the time comes, you can still drop the bow and do your thing with the knives.
Food for thought at least!