Re-read what your C&D wrote -- it was not going after content, nor did it say that the remedy was to change the description. It was either give up the domain or pay money. Voyuer.com was the same.
Furthermore, we have Archive.org, which can actually show us the source code of Blairbitch.com at around the time of your C&D:
http://web.archive.org/web/*/http://www.blairbitch.com/
The Dec. 3, 2002 archive (closest to the January 10, 2003 C&D date) is unavailable as I type this. However, the November 24, 2002 one is available.
http://web.archive.org/web/20021124124213/http://blairbitch.com/
The home page has metatags for keywords and description of:
meta name="keywords" content="horror, comedy, parody, spoof, funny, linda blair, monster, movie, Scott LaRose, Allan Murray, Blair Bitch, Blair Witch, outrageous, video, film, Project"
meta name="description" content="The Blair Bitch Project is a twenty minute, over the edge, outrageous parody of The Blair Witch Project starring Linda Blair."
Searching the source code of that homepage for "bitch.com" shows it only being used in the string "blairbitch.com". Same goes for the internal pages I checked:
http://web.archive.org/web/20030206080235/blairbitch.com/home.html
http://web.archive.org/web/20020205205532/blairbitch.com/pages/bitchology.html
(no time to check every internal page)
Receivers of C&Ds can't read your mind (especially your mind two and a half years later) --- they can only read what was actually sent.
http://www.dnjournal.com/columns/cover020204.htm
"Like hijacking domains, extortion, stealing content and worse. We can call them crooks because that is exactly what they are. Then we have the infringers that try and extort money from companies and that practice gives us all a bad name."
On the one hand, we have Rick's WORDS decrying "corporate bullies" for trying to "extort money" for domains, and on the other hand we have Rick's ACTIONS on the voyuer.com and blairbitch.com matters.
Similarly, we have Rick's WORDS decrying critics of his, describing them:
"Schwartz believes that âmaking statements like that makes me an unpopular guy among every infringer, cyber squatter, hijacker and every other wrong doer. There is a small but vocal group that never misses an opportunity to say something nasty or make some crap up about me. So when you hear the attacks, look a little deeper and you usually find a motive.â
Yet, we have Rick's BEHAVIOUR and ACTIONS, having lost 4 UDRPs:
http://www.dnforum.com/showthread.php?t=97568
including 3 as a respondent.
I don't think I need to remind folks about how "proof" was going to be presented that DomainRoundtable stole their idea:
http://www.dnforum.com/showthread.php?p=563703#post563703
and how no proof was ever shown (and indeed it was even demonstrated that the concept was not novel, that a domain name conference had even been held in NYC in 2002 by others).
In conclusion, this post exists to help gentle readers "look a little deeper", and see that perhaps there is a MOTIVE for Rick's WORDS. His ACTIONS speak volumes.