No.
Vedi manuale d'uso:
ftp://ftp.dlink.it/Products/DNS/DNS-323/Manual/DNS-323_C1_Manual_v1.50%28WW%29.pdf
It appears that the 88E1111 PHY circuit has no power on its supply rails when the device is off. Thus I think that WOL is impossible, unless I missed some small converter.
Fonte: http://forum.dsmg600.info/viewtopic.php?id=1054
