I mounted mine back a slight amount rear of the FG to establish a sufficient ground plane. I have compared reception with the belly comm numerous times in flight and not seen any appreciable difference between the two. On the ground, the upper antenna definitely works better for surface communication.
One thing you need to consider is the top of the fuse at that juncture is not flat. If you simply make a doubler for the skin and rivet the doubler to the skin you will distort it. I anchored the antenna support doubler as shown in the photo below.
I then created a shim out of .062 and tapered it so that follows the contour of the outer skin that rides only between the doubler and the antenna. Now the surface of the outer skin is not distorted by the antenna nor the doubler. The antenna is rock solid using this scheme.
I would not be concerned about the ELT antenna proximity. The only time that it would be operational is in a crash. In addition, they are so far apart in frequency I can't imagine how it would matter (unless your using a 121.5 ELT of course). BTW, I also mounted my ELT antenna inside the Aerosport overhead console. It's mounted horizontally to the rear baggage bulkhead and protrudes through into the overhead console. Yes, I know it's supposed to be vertically polarized, but who know how the plane will end oriented up in an accident.