Much like while using many twitter or facebook icons available that pull the feed and display it inside a nice widget, I wish to produce a "widget" that pulls an rss feed from the wordpress blog which i have, and shows it on the static, non-wordpress page. Before I attempt getting my hands dirty with jquery, are you aware if there's any pre-existing code or plug ins available will be able to use?

You are able to plug into Wordpress's Feed while using jFeed wordpress plugin. Take a look at this question.

I discovered this wordpress plugin to become the simplest to make use of, and faster than jfeed on load.

http://www.rssreader.clashdesign.be/

Using Google's Gfeed wordpress plugin (using jquery), the effect can result in accomplished easily. The Solutions is layed out here: http://www.w3cgallery.com/w3c-blog/jquery/how-to-fetch-rss-feed-by-jquery