You're not doing anything wrong, except that Cynical Network does not actually decode \x escape codes, and so this doesn't work:
Text: ISCP\x00\x00\x00\x10\x00\x00\x00\x08\x01\x00\x00\x00!1PWR01\x0D
Well, no problem. It does now. Download version 1.0.2 and try again: http://www.cynic.org/indigo/plugins/online/network.html. Careful though: Cynical Network will automatically append a line-ending character to your output unless you check the partial checkbox. So either put the \x0D there and check that box, or set the line ending character to newline and don't. I'd recommend the latter.
Cheers
-- perry