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I only have one SD card so can I turn it into a goldcard and then use it as my normal storage card?
Yes. And afterwards, no matter what you do with it, it will remain a gold card.
The radio version is called "baseband" in about phone->software information.
But the official firmware (which is what you are using, and what an RUU installs) will have one radio for one firmware version, so if one matches I expect the other will.
Edit: as I say, I believe you can use either, so I was only asking about software versions because if the numbers match what you currently have it will restore exactly your current firmware, which might be useful to know.
.Nope.Once you make it into a gold card there won't be any ill effects will there like the SD card not functioning properly or something?
Nope.
The advice from the knowledgeable people here is to use the goldcard as your everyday SD card (so you don't accidentally forget it if you need it). And if you buy another SD card, make that one a goldcard as well.
Just download the 2.33.161.2 Vodafone UK RUU and flash it, no gold card required. Doesn't even matter what radio (baseband) you're on as it all gets reloaded with the RUU