If you prefog for Zone V itself, your image is likely to have poor definition and relatively horrible tonal separation. But if you add .60 (2 stops) of neutral density to your flashing diffuser, that equates to Zone III anyway, which is a more realistic target. In general, I happen to find flashing to be a very poor choice for handling excess scene contrast. With black and white film, it's way better to simply have the correct film and develop it properly for the contrast. Once in awhile I will employ the equivalent to a Zone III flash with color neg film, in combination with a warming filter to correct the blue bias of shadows in open sun without affecting the color balance of the midtones and highs.