Chandra Observations of the X-ray Environs of SN 1998bw/GRB 980425

(Abrigded) We report X-ray studies of the environs of SN 1998bw and GRB 980425 using the Chandra X-Ray Observatory 1281 days after the GRB. Combining our observation of the supernova with others of the GRB afterglow, a smooth X-ray light curve, spanning ~1300 days, is obtained by assuming the burst and supernova were coincident at 35.6 Mpc. When this X-ray light curve is compared with those of the X-ray ``afterglows'' of ordinary GRBs, X-ray Flashes, and ordinary supernovae, evidence emerges for at least two classes of lightcurves, perhaps bounding a continuum. By three to ten years, all these phenomena seem to converge on a common X-ray luminosity, possibly indicative of the supernova underlying them all. This convergence strengthens the conclusion that SN 1998bw and GRB 980425 took place in the same object. One possible explanation for the two classes is a (nearly) standard GRB observed at different angles, in which case X-ray afterglows with intermediate luminosities should eventually be discovered. Finally, we comment on the contribution of GRB afterglows to the ULX source population.