Will "iron dome" work against ballistic missiles?

The "iron dome" anti-rocket defense system appears to have functioned well in the recent Gaza crisis.  There remain questions as to whether saturation of the system defense by Hizbullah's massive rocket and missile inventories  could occur, and more importantly, does this system work against ballistic missiles.  pl  

http://dailystar.com.lb/News/Politics/2012/Nov-22/195872-hezbollah-missiles-would-be-test-for-iron-dome.ashx#axzz2CzMQp5d5

http://en.wikipedia.org/wiki/Palestinian_domestic_weapons_production

http://en.wikipedia.org/wiki/Ballistic_missiles