In a more perfect world than the one in which we live I would tend to agree with you.... However, she is very smart. And knows where the lines are - and which ones not to cross - inasmuch as extortion goes. i.e. Offering to sell the offending domain name to the company or individual rather than outright saying "If you pay me $10,000 I'll stop posting negative blogs about you." And the thing is, what she posts are misrepresentations of the truth... In other words, many of the blog posts are based on actual events - but she twists the facts and draws erroneous conclusions.
And, then, you have to keep in mind... It's a mad woman who pays maybe $6.00 per year to register the domain name vs. a company potentially spending tens of thousands on a court case which is difficult to win at best. The owners of the company for which I worked made the decision to ignore her. Do a google search on Crystal L Cox. Do it! I submit to you if you are a rational individual (which I'm sure you are) you will recognize she is a particularly disturbed human being. And woe unto you if you ever have the misfortune of crossing her path yourself.
formorsucks.com is the domain she registered against my employer... she also registered similar domain names based upon the names of the owners - and even some of the employees! Fortunately, I don't think she knows who I am. Oh, and I'm smart enough to already have myname.com registered.