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write them a very polite letter
Something like
Dear Lawyers name
While doing a prelimanary search on the trademarks you presented the scope of your trademark was defined as
"PROVIDING INFORMATION SERVICES TO MULTIPLE USERS VIA THE WORLD WIDE WEB OR THE INTERNET OR OTHER ON-LINE DATABASES, IN THE FIELD OF MOVIES, FILMS, MOTION PICTURES, DIGITAL VERSATILE DISCS OR DVDS, VIDEO DISCS, PRE-RECORDED VIDEO CASSETTES, AUDIO RECORDINGS, ELECTRONIC AND COMPUTERIZED GAMES; RENTAL AND COMPUTERIZED ON-LINE RENTAL SERVICES OF MOVIES, FILMS, MOTION PICTURE, DIGITAL VERSATILE DISCS OR DVDS, VIDEO DISCS, PRE-RECORDED VIDEO CASSETTES, ELECTRONIC AND COMPUTERIZED VIDEO GAMES, INTERACTIVE SOFTWARE AND ASSOCIATED HARDWARE FEATURING HOME ENTERTAINMENT AND CONSUMER ELECTRONICS"
do some research on the word blox ( i think it the slang word for the g spot)
make sure your site does not promote anything within the scope of that trademark.
and then ask them for a clarification on why they believe anyone would honestly come to the conclusion that blockbuster has anything to do with bloxbuster.com given the fact that the operation of the site is completely beyond the scope of the trademark.
Whatever you don't offer to sell the domain.
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“When crimes occur through the mail, you don’t shut the post office down,” Steve Wozniak
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