Surely PM is compression directly in to the fork/stay, so the bolt is acting in shear mainly to hold it aligned.
FM must be much the same. Bolt angles of both are pretty close to being parallel to the tangent of the disc.
IS2000 has bolts acting in shear by the braking force. (edit: actually IS2000 to PM adapter will have all the bolts acting partially in shear – at least looking at both my bikes, that’d be the case, whereas PM rear would be close to no shear braking force)
Anyone ever broken brake mount bolts by braking? (especially an IS2000 brake bolt?)
Shear is a strong orientation. Tension might be a not so good angle.
I imagine that FM exists mainly so roadies etc. can run 140/160 rather than enduro/dh spec rotors on frames far more slender than a bike that would be labelled “a rig”. Could bolt PM from the other direction I spose, but that’d still force seatstays to be oddly shaped like one some MTBs, cos PM is so huge. And roadies seatstays are so slender they look like they’ll bend just by looking at them wrongly.