Titanium shutter: same as the Nikon F,. except for the first 1000 samples (extremely rare, from sn 6400001 up to sn 6401000), which had a cloth curtain. On the Nikon F, shutter curtain travelled horizontally, and flash sync was limited to 1/60", while on the F2 it travelled vertically (and sync was upped to 1/125"). I'll have to dig out an F2 to make sure... [EDIT: it travels horizontally on the F and F2, on Nikkorex and F3 it travels vertically and it's similar to current venetian-type shutter ]
Bernard, I confirm that the shutter curtains were thin enough to be rolled up in spools at the sides of the frame. Second curtain would unroll to cover the frame at the appropriate time, and at shutter speeds below 1/60" the whole frame would be exposed to light.
As an added bonus, including here an excerpt from my own Nikon F Identification Scheme (my own research, which predates heavily -and adds a little something- on the top work by Richard DeStoutz)
Ciao from Massimo