I've setup Wordpress MU on x.com and set the DNS Settings so that this domain points to my server IP. I've then setup a second domain y.com which has its DNS settings pointed to x.com (as per the plugin instructions).
I've enabled wildcard DNS's and the subdomains work correctly.
x.com shows fine, but y.com just shows the servers default welcome message.
It might help if I show you the actual domains so you can see what's happening:
tanzaniainternet.com (main one)
zanzibarpearls.com (secondary one)
Any ideas?