Nope, you have to synonym every object:
[LiveServer].[Databade].[TheSchema].[ObjectName1] --> [DevServer].[Databade].[TheSchema].[ObjectName1]
[LiveServer].[Databade].[TheSchema].[ObjectName2] --> [DevServer].[Databade].[TheSchema].[ObjectName2]
etc.
SQL DBA,SQL Server MVP(07, 08, 09) A socialist is someone who will give you the shirt off *someone else's* back.