Did some testing, and the conclusion is:
No way to mount the 2.1cm safely onto the FTZ - it is too narrow to allow the lens to turn correctly and click in place.
No problem mounting it on a chinese AI - N/Z adapter (10€ on Ebay): it clicked in place and infinity focussing was possible. The rear lens extends 3 mm inside the Z mount, but it does not touch anywhere (it would result in damage to the rear lens if that happened!). Quality at the corners is quite soft (Birna -as usual- was right), I did only some night test shots and the results are not conclusive.
The AI-N/Z is machined from a solid piece of aluminum alloy (tube and Z-mount), the F-mount is a piece of steel attached to the tube with three screws. No contacts (not needed at least for the 2.1 cm, different story if you have chipped lenses, but the FTZ kicks in for those).
Ciao from Massimo