DIY Dulce De Leche

Before making it, I thought it will be very nice. But the taste is still very much like sweetened condensed milk. Does the real Dulce de leche taste like this too?
I asked for my S'pore colleague's help, Jane to help purchased 2 cans of Milkmaid condensed milk. I got it the next day and at the same night, i made it.
Spend 3 hours boiling it, worrying it might burst at the same time :)
At about 2.5 hours, my gas finished, and I just let it dipped in the hot water for another half an  hour. The color was really nice. I forgot to take a pic of the liquid after can opened.
Here is the pic of the process