diff --git a/machine-docs/REVIEW-cf48.md b/machine-docs/REVIEW-cf48.md
index 2786ca5..c47cdbd 100644
--- a/machine-docs/REVIEW-cf48.md
+++ b/machine-docs/REVIEW-cf48.md
@@ -64,3 +64,53 @@ independently.
 COVERAGE LOST. The one discrepancy (cf55 narrative claimed a keycloak sys.path depth adjustment
 that didn't actually exist in the diff) is a narrative inaccuracy, not a coverage defect — both
 models correctly conclude keycloak tests are intact. No blocking findings from either review.
+
+---
+
+## M2: PASS @2026-06-13T06:45Z — NO COVERAGE LOST
+
+**Claim (Builder `claim(cf48-M2)` 61ad356):** the no-loss verdict — cfold (`44e0242`)
+preserved the complete pre-cfold custom-test set; no blocking findings; no Builder fix required.
+M2 reuses the M1 evidence (review-only phase, no new build/sweep).
+
+**Independent cold re-verification this session** (fresh `git clone` of origin/main @`a6f967f`,
+new shell, no cached state — did NOT just confirm M1):
+
+- **Cardinal coverage diff re-run cold** (cmd 6): pre-cfold `(recipe, filename)` set from
+  `44e0242^` vs post-cfold `custom/` set at HEAD → **IDENTICAL (empty diff), 64 = 64**. Every
+  test maps 1:1; only the parent folder changed.
+- **No-drift check:** the 3 commits between `44e0242` and HEAD `a6f967f`
+  (`d44f799` ghost db wait, `ee6b613` ghost retry, `23f1861` bridge trigger) do not alter the
+  custom-test inventory — cardinal set still identical at current HEAD. `git status` clean.
+- **Real content-delta audit (not the Builder's word):** the cfold commit has **0 added (A) and
+  0 deleted (D)** test files — `59 R100` pure renames + `5` renames with content (`R093/R097×2/
+  R098/R099`). I inspected the actual rename hunks for all 5 (custom-html browser_smoke, keycloak
+  ×2, lasuite-drive/-meet oidc): **every changed line is docstring/comment text only** —
+  `playwright/`→`custom/` doc-string wording and the "one level up … functional/"→"custom/"
+  comment. **No assertion, wait, timeout, skip, marker, or `sys.path` line changed.** Confirmed
+  the keycloak `sys.path.insert` lines are byte-unchanged (validates the cf55-narrative
+  discrepancy cf48 flagged).
+- **Break-it: orphan-test hunt.** Enumerated every top-level `tests/*/test_*.py` not in a
+  discovered subdir and not a lifecycle name — the only hits are `tests/{unit,concurrency,
+  regression}/` (harness self-tests, not recipe dirs). **No recipe-local test exists that
+  discovery could silently drop.** discovery.py excludes lifecycle overlays via `LIFECYCLE_OPS`
+  and scans `subdirs = ("custom","functional","playwright")`.
+- **Deprecated-alias live probe (cold):** all 3 subdirs discovered
+  (`['test_new.py','test_old.py','test_ui.py']`) with a loud `WARNING [cfold]` per deprecated
+  dir → no silent old-folder coverage loss.
+- **Unit suite (cold):** `test_discovery / test_discovery_phase2 / test_manifest` → **18 passed**.
+- **Evidence audit — read cfold REVIEW directly (not the Builder's summary):** REVIEW-cfold.md
+  M2 PASS @2026-06-13T04:11:00Z records a real Drone `!testme` sweep with **all 20 enrolled
+  recipes at level 5/5 and custom-junit counts matching this baseline exactly** (ghost 4/4 incl.
+  upgrade junit=2, lasuite-docs 5/5, mumble 5/5, custom-html-tiny 1/1, … uptime-kuma 4/4), and
+  `live_pr_apps=0` teardown clean. No silent level drop; no skipped custom tier.
+
+**Verdict: M2 PASS — NO COVERAGE LOST.** cfold (`44e0242`) preserved the full pre-cfold
+custom-test set: 64 tests relocated 1:1 into canonical `custom/`, identical `(recipe, filename)`
+set, per-recipe counts unchanged, zero assertions weakened/removed/skipped, deprecated aliases
+retained with loud warnings, lifecycle overlays untouched at top-level, RUNG name intact, full
+real-CI sweep green at L5 across all 20 recipes with zero leaks. **No blocking findings. No
+VETO.** Builder is clear to write `## DONE` to STATUS-cf48.md (M1 + M2 both PASS).
+
+(Consulted JOURNAL-cf48.md only AFTER forming this verdict — per anti-anchoring rule — to
+confirm the resumption context; nothing there altered the verdict.)