For remote management of many installations of WordPress, I know of two options, one paid, one free.
ManageWP
ManageWP is a WordPress management console that gives users full power and complete control in managing virtually any number of WordPress sites in the easiest way possible.
InfiniteWP
Manage multiple WordPress installations from a single dashboard using our free self hosted software.
As for WordPress Multisite, two references:
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Don’t Use WordPress MultiSite – making the right choice
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and, from the same author, a very fine eBook for when you are going to use MS:
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