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There were numorous law suits against whitehouse.com, because white house is a trademark to some juice company.. and they suied.. whitehouse.com won.. just because its a trademark, doesnt meen you cant use it as a domain name..
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Also, the owner of google.no won his court case against google, and is now legally allowed to use the domain and name. Wonder how much google.com will eventually pay for it?
Anyway, from the domain side of things, you can beat it. However, with all things combined (design, concept, etc) I think you are really best to register dickslurper.com, roll over and submit to 7-11 and move on.