I can't seem to find my FD to EOS adapter, since it really doesn't make an FD lens usable, I probably tossed it in a pile of junk, and haven't located it yet, otherwise, I'd answer this question myself.
If you have an M42 lens, and you put an M42 to FD adapter on it, then an FD to EOS adapter (all with no optics), will it focus to infinity? M42 flange to focal plane is 45.5mm, FD flange to focal plane is 42mm, and EOS flange to focal plane is 44mm. I would think that the thicknesses of the two adapters would be too much to allow infinity focus, but I'm not sure.
I think it would work on a T2 Mount (55mm flange to FP), because there would be enough room to allow for both adapters.
Now, you're all probably saying to yourself, why not just use an M42 to EOS adapter (of which I have many)? It's not that easy in a very specific situation I'm up against. I have a Pentax/Takumar 500mm f/4.5 (which typically was available in M42 and Nikon mounts), but this one has an FD mount. The interesting thing about this lens, is that it was designed with interchangeable mounts. The lens itself is huge (440mm or 17+ inches), and weighs in at nearly 8lbs., but the mount is a small piece that bayonet mounts to the lens body. I'm thinking that the lens was designed with a long flange to FP distance, and you just bought the adapter you needed. I'm also thinking that even though the mount it has is FD, the focal plane is going to be much more than the normal 42mm for FD. The chances of finding an M42 or Nikon mount for it (which can be adapted) is about nil.
Attached is a couple of shots of the mounting piece, just because.
This side attaches (bayonet mount) to the lens body;
This is the camera side (back) of the mount (CF-P I think means Canon FD to Pentax M42);
And a side view;






