You can see a definition of defamation here:

http://www.expertlaw.com/library/personal_injury/defamation.html

Typically, the elements of a cause of action for defamation need to include:

1. A false and defamatory statement concerning another;
2. The publication of the statement to a third party
3. Fault amounting at least to negligence on the part of the publisher
4. Damage to the plaintiff.

However what are considered factual statements and what are considered opinions can depend on the context. For example, if you said "Barack Obama is untrustworthy" a court might think that people would consider that your opinion only. But if you said that your former employer is untrustworthy, the court might consider that people would take that as a statement of fact.

So probably buying a site SoAndSoSucks.com is probably not grounds for a defamation suit in itself. But if you write things on there to back up your view, it could be a different story.
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