I'm perfectly fine with the DNS/DHCP approach, just wondering what are the alternatives out there. That dnsmasq approach worked like a charm for several of our projects for 1+ year.

Always wondering of the extra round-trip on DNS request when we could have a hardcoded value in the host. We're talking local network so the latency ain't much of an issue but still. Then there is the possibility of a dnsmasq restart when a request occur, caching ala nscd could work, but then we're in for a lot more trouble when it comes to expire that cache !