I wouldn't say that the best way of thinking about it is the blanket analogy because conduction is _not_ the primary way that the earth sheds heat, convection in the mantle is.
Though I haven't run the numbers, I would strongly bet that the core would be _hotter_ than it is right now if the mantle did not have internal heating.
The reason being that, the rate at which you remove heat from the core (e.g. the rate at which the core cools) is entirely determined by the rate at which mantle convection removes heat. Radiogenic heat is a _strong_ driver of mantle convection in the earth, without radiogenic isotopes you would get much more sluggish mantle convection and a much lower rate of heat removal from the core.
The reason for this is twofold:
- Internal heating leads to higher temperatures which leads to lower viscosity and more vigorous mantle convection - Internal heating will locally heat cold "blobs" and make the buoyant
I would also (much less strongly) bet that plate tectonics would not occur without internal heating. We only see plate tectonics in a narrow slice or parameter space in mantle convection models and once you get plate tectonics you get _much_ more heat removal and _much_ faster cooling.