Can MyDNS+Config be used as a DynDNS server?

[DVS]

The title sais it all.

Can MyDNS and MyDNS Config be used to play
the role of a Dynamic DNS server like for instance
DynDNS.org and all the other Dynamic DNS providers
out there.

(I know - why go thru the trouble of setting this up,
why don't I just use DynDNS.org or any of the others -
is the question you want to ask. It is simple, we get
"local" ADSL where I come from and when you have
a "local" account, you don't get access to any of
the Dynamic DNS hosts. I have the servers, I have
the IP's, so why the h3ll not is how I see it.)

A "yes" or "no" and perhaps a URL if needed will do fine.

Thanx a mill!