Multiple Domains with different content

The Multiple domain module was primarily developed for the purpose of hosting different types of content, on different sites, while using the same database, so that information can be cleanly promoted between the different sites, without having to worry about syndication and the like.

This is exactly what i want to do. Different domain, different content, different site designs, but to manage the content centrally. The idea is a network of related sites but 1 backend.

Does this module really do this?

Are there an examples I can see?

Also is there anyone available to install this system for me?

Thanks in advance.