Well, while the ability doesn't target, it does use the Stack. It can be responded to. Player B can most certainly Gush in this case, and save the two lands.
The fact that it doesn't target only serves to 'save' Player A from choosing the lands until the ability actually resolves (and not needing targets as the trigger is put on the stack, although I can't think of a time that is really relevant, maybe some corner case with a fetch land).
This is correct. As for an instance in which it would be relevant, if Player B were to have three lands in play instead of two, Player A would be guaranteed to hit at least one of the lands. If Sundering Titan's ability targetted, Player B could return the targetted lands to his hand and be left with the third land in play. It is also relevant in that Player B must tap his lands for mana before Player A chooses the lands to be destroyed.