What format were the images in?
Unless they were EPS or PDF formats, then FM7.2 would have converted
everything to RGB on output, not CMYK.
To get true postscript greys from equal RGB values, you must
configure your PDF printer instance to output postscript grey.
In the Printer control panel, select the Adobe PDF, then right-click
and select Properties.
Then on the Device Settings tab, set the following:
Convert Gray Text to PostScript Gray: YES
Convert Gray Graphics to PostScript Gray: YES
Click OK to set.