I tried to make that work, but it didn't seem to do anything. Repeat downloads took just as long as before.
secondly, you can run this command on the machine you want to upgrade, to verify that it can see your Content Caching Server (it should report the local IP address of the machine you set up Content Caching on) "AssetCacheLocatorUtil"
Looks like if the machine is asleep it won't use it for a content cache, even if "wake for network access" is turned on. So a pretty useless feature if you have a machine that's allowed to sleep.