Buy yourself one of these. ($6, Amazon Prime; I have 2). Shows you what voltage and amperage is being output. You can plug your Pi into a known good power supply and see how much power it really wants, and then plug it into the 500ma supply and see if it's able to draw the same amount. The Pi's power requirement will go up once the SDR & WiFi is pushing data to it.
http://www.amazon.com/gp/product/B00KR7CZDG?ref_=cm_sw_r_awd_40kAwb16W58CX