I had to laugh when reading that:
The FED 2 is probably one of the most easy to calibrate and most accurate rangefinders I've ever used. Vertical adjustment is easy to get to (just like most Barnacks - hidden behind the ring surrounding the left-hand RF window as you look at it from the front).
One thing you need to know with Soviet "LTM" rangefinders is they also have an easy close-up adjustment that might need to be checked - the sled-shaped cam follower in the lens mount might need rotating to ensure the RF and lens match at 1m. Of course, adjusting the position of the cam follower also means you need to adjust the infinity setting (which is hidden behind a cover screw as described in the PDF TenEleven linked to). That will then change the 1m setting, so you'll need to adjust that again. Keep going and adjusting at both ends and - assuming the lens is in spec! - you'll have an absolutely perfectly calibrated rangefinder.
The best bit is that you can use this process to adjust a FED or Zorki from the Soviet spec to a true LTM spec quite easily. I have a FED 2 calibrated for Soviet lenses, and a Zorki 5 calibrated for Leica ones. They're both solid little cameras.