Currently Being ModeratedFeb 17, 2013 2:59 PM (in response to AppleJason)
The configuration name in Directory Utility is only a label. It can be anything and will have no effect on the server binding settings or operation. If you were running a multiple OS X Server open diretory environment, you might use the label to identify the server that different workstations are getting their directory settings from. It is for identification purposes only, so not really a factor in your setup.